Mi Vida Homes targets growing home sales through Savings and Credit Cooperative Organization (SACCO) members.
Through a partnership with Kimisitu Sacco, its members invest in its residential projects within Garden City, Nairobi.
The Garden City project comprises residential units, commercial spaces, offices, retail outlets, and recreational amenities.
Further, It offers four residential projects, two of which are complete and two currently under construction.
During the partnership signing, Mi Vida Homes Chief Executive Officer Samuel Kariuki said the arrangement will allow members to get financing to invest in residential developments within Garden City.
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These developments have historically yielded exceptional returns for investors and offer a unique proposition of urban green living.
“ Currently, we are developing affordable housing ranging from Kes 2 million to Kes 7 million that members can choose from.”
Kariuki said the initiative will spread across residential developments within Garden City, including Amaiya, the second phase of their sold-out flagship project, and 237 Garden City, the affordable entry development.
“This mutual arrangement will see our over 13,000 members both locally and in the diaspora be offered quality residential options from a developer with a proven track record of on time completion,” Kimisitu Sacco Chief Executive Officer, Lwanga Mbeche, said.
