EXPERT SAYS RENT-TO-OWN HOUSING MODEL WILL SOLVE DEFICIT PROBLEMS IN KENYA
Finsco Africa said it is working closely with various financial institutions, including banks and Saccos, to offer financing to interested clients. Equity Group, Co-operative Bank, Gulf African Bank, and Safaricom Plc are some of Finsco Africa’s current partners.
The contract requires a tenant to pay at least 20% of the price of the house. Finsco Africa provides 70% of the purchase price, which the tenant repays as rent over an agreed period. Read more: https://www.tuko.co.ke/business-economy/economy/445091-expert-says-rent-own-housing-model-will-solve-deficit-problems-kenya/