Kenyan property firm, the Optiven Group has signed a deal with the Kenya USA Diaspora Sacco (KUDS).
Under the agreement, members of the Kenya USA Diaspora Sacco will be given easy access to loans in order to acquire property from Optiven Group.
They will also have an opportunity to choose which of the 12 projects Optiven is currently undertaking they will invest in.
The signing of the agreement was done at the Optiven headquarters on Barclays Plaza, Loita Street in Nairobi on Monday and was witnessed by representatives from the real estate company and the Kenya USA Diaspora Sacco.
“The partnership is an open door for
investors who are members of the SACCO to ensure that they make their lives better by buying land from the various projects that are on offer within the Optiven Group portfolio," said Optiven CEO George Wachiuri at the agreement signing event.
On his part, KUDS Chairman Simon Nyagah said: “This agreement is an opportunity for members of the Kenya USA Diaspora Sacco to be economically and socially empowered through acquiring properties."
Nyagah added that "as a Sacco, we are determined to lift the profiles of our people in the
knowledge that finance should not be a problem to our members. Under this agreement with Optiven Group, we are confident that our members will benefit without the hustles that have been witnessed for investors in real estate.”