The over 20,000 housing cooperative societies/saccos that are currently controlling over Ksh 250 billion want the government to include them in its agenda of providing 0.5m houses by the year 2022.
According to Urithi Housing Cooperative Society Ltd Chairman, Samuel Maina, the cooperative movement contributes 40% of the GDP. Speaking while unveiling the latest products of the society, Maina said the government should introduce a housing revolving fund through which societies can get cash and put up decent and affordable houses for Kenyans.
He said unlike the government, societies will be able to reach every corner of the country since they are already entrenched at the grassroots level.
He said the housing revolving fund, should be availed like the HELB which assist our students to get an education.
He said Kenyans will be able to acquire houses and pay comfortably through the revolving fund.
Maina said the involvement of the societies in the realization of the big 4, cannot be ignored.
“We want to render our input in the government 4 agendas. We are capable of supplementing the government in achieving economical growth, spurring agricultural, housing and production and take our beloved country to the next level of prosperity.
He said the 4 jubilee administration agendas are achievable if the correct decisions are made nimbly.
Among the products that main unveiled, were enchant Summer Gardens-Nanyuki and Nakuru’s Tumaini Heights.
The society boss said the Nanyuki’s enchat summer gardens is located along Nanyuki-Meru road 2.5km from Nanyuki town and 500m off the tarmac road. It neighbors Nanyuki Peak View Academy Day and Boarding Primary School, Oasis Primary School, Nanyuki Waters and Sewerage Company Ltd and chimney gardens estate.
The chairman said the land is ready for immediate development and settlement. He said water and electricity on site.
“While on this land, one has a breathtaking view of Mt. Kenya,” said Maina.
Maina said the introductory price of 118 plots is 950,000. Booking Kshs 600,000 and pay the balance in installments of 6 months.
A ¼ plot has an introductory cost of Ksh 1.8 million with a booking of Ksh 900,000 and clear the balance in installments of 6 months.
In the Nakuru’s Tumaini Heights project, Maina said a ¼ plot is fetching an introductory price of Ksh 495,000.
“This land is secure, serene and ready to develop. Electricity and water are available with road network being accessible,” said the society chief.
He said the land is located 22km from the Nakuru Town CBD and only 6km from the tarmac. It’s next to Boito primary school and Tumaini Flower Farm.
During the Nairobi international trade fair, Urithi scooped the best Coop Movement and/or Sacco stand and the best stand in property and real estate.