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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The segment, mostly considered high risk by many banks, will now have access to home ownership with loans from Sh1 million to Sh4 million at a 9.9 per cent rate with a repayment maximum period of 15 years, marking a significant step towards supporting the affordable housing agenda.
The new offering is tailored to SMEs, artisans, boda boda operators, and players in the gig economy as well as digital content creators whose income streams may be irregular but consistent and have historically faced barriers in accessing mainstream mortgage financing options.
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