Last month, Absa Kenya Bank and property developer Mi Vida Homes announced the introduction of a 25-year mortgage facility targeting middle-income families seeking affordable homes within Nairobi.
The partnership will enable Kenyans own 1-2-3 bedroom homes at Mi Vida Homes next to Garden City, Nairobi.
New homeowners will enjoy up to 90% financing for mortgage facility from ABSA Kenya at a discounted rate of 12.5% pa. Mi Vida Homes are furnished and appliances installed ready for use.
During their partnership announcement on 16th June 2021, Absa Bank Customer Network Director Peter Mutua said:
“We have a team of dedicated experts that will walk the journey with customers using our financial and non-financial expertise to provide credible information, services and solutions throughout every step of acquiring their dream home.”
On his part, Chief Financial Officer Mi Vida Antony Kambiriri said:
“We are delighted to partner with Absa Bank Kenya as it brings us closer to our goal of addressing the shortage of middle-income housing in Kenya. There is a huge demand for affordable and middle-income homes and through this partnership, we will bridge the gap in this market to exceed customers’ expectations.”
Mi Vida’s project at Garden City, launched in 2019, has been centred on green space and family living. The project is on course and will be complete by March of 2022.
Mi Mida Open Day
This weekend on 3rd and 4th July, you will have an opportunity to visit the Mi Vida Homes show house and learn more about the ABSA mortgage facility.
Mi Vida home is located at the Garden City, Thika Superhighway, Exit 13. Open Day will start at 10am.
To book your tour Call or text 0722 123 000.
You can also follow the discussion Facebook, Instagram and Twitter using #MiVidaOpenDay.
Here is a live link for a virtual tour https://www.facebook.com/MividaHomes/live
