Navigation: Global | Kenya Mloathi Housing Cooperative

Mloathi Housing Cooperative

  • Status: Complete
  • People Housed: 885
  • Country: Kenya
  • City: Nairobi
  • Partner: NACHU
  • Year Approved: 2014
Total Invested
KES 74,352,290
Average Sales Price
KES 540,693
Total Invested
$674,095
Average Sales Price
$5,355
Delivery of Homes
Total Financed
Completed
Basic
177
177
Project Overview

This 177-household project, located south of Nairobi, houses members of four housing cooperatives who earn low incomes through informal work. Homes typically consist of two rooms and a toilet, but are designed to be expanded up to a three-bedroom house.

The majority of these homeowners previously lived in rented accommodation where they were without access to basic services and infrastructure, most notably a clean water supply. The project is located near to the Mombasa Road which provides useful urban public transport links. All clients benefitting from the project were advanced with micro-mortgage loans by NACHU, to be paid back over 5 years.

177
Homes Completed
177 Sales
177
Homes Occupied
177
Connected to Electricity
177
Connected to Water and Sanitation
7
Nearest Employment Area
3
Nearest Health Centre
2
Nearest Primary School
2
Nearest Bus Stop
3.5
Nearest Market
2
Nearest Secondary School

Client Data

Displayed In
Client Monthly Household Incomes

Clients estimated to sit between 21st and 30th percentiles of incomes in Nairobi

Mean
36,500 KES
331 USD
40th percentile at year of occupancy
40th percentile at year of occupancy
Household Demographic Data
Household Size
5.00
Proportion Female
55.0
Proportion Children
55.0
Proportion Elderly
5.0
Housing Information
Description Type Number Expected Number Completed Unit Size (m2) Sales Price
(Local Currency)
Monthly Cost
(Local Currency)
Loan Length (months)
2 rooms & wetcore, 20m2, 162m2 plot Basic 177 177 20 540693 12500 60
Finance Description Finance Source Deposit Interest Rate (%)
2 rooms & wetcore, 20m2, 162m2 plot NACHU 108,139 14.0

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
KES 74,352,290
$ 674,095
Loans
KES 74,352,290
$ 674,095

Of KES 74,352,290 total investments, KES 1,733,750 was recycled funds from previous project payments

Of $674,095 total investments, $15,719 was recycled funds from previous project payments

Based on exchange rate on 31/10/2021

Funds Lent by Partners to Households
Funds Lent by Partners to Households
KES 95,702,661
$ 867,662
Funds Repaid by Households to Partner (to date)
Funds Repaid by Households to Partner (to date)
KES 50,461,894
$ 457,499

Want the latest data?

Be notified each time our data is updated by joining our mailing list.

Want to download this data? Click here to access our data explorer.

Sign up to data notifications

Data last updated on 30/06/2022