Madison, HF Group unveil asset financing solution for homeowners
- Published By Jane Njeri For The Statesman Digital
- 2 months ago
Madison Life Assurance and HF Group have partnered to offer affordable financing opportunities for prospective homeowners.
This collaboration which commences with their units in VillaKazi in Athi River provides financing options for individuals seeking to purchase plots and construct homes in this mixed-use development.
Madison Life Assurance is spearheading the development of over 700 residential housing units alongside commercial centers, set to be rolled out in four phases in the real estate project which spans 100 acres valued at 3 billion.
HF Group, through its banking subsidiary HFC, will handle project management, sales, and marketing, and offer end-user financing.
HF Group is similarly extending loans at a fixed interest rate of 9.5% in what it says is anchored on making homeownership at VillaKazi more accessible to clients.
“Potential homeowners have the chance to buy a plot and build their dream home with financing from HF Group. This partnership makes it easier for clients to access both land and construction loans,” said HF Group CEO Robert Kibaara.
Madison Life Managing Director Githua Ngaruiya on his part emphasized that several commercial firms have already committed to developing supermarkets, recreational centers, and other facilities within VillaKazi, further enhancing the appeal of the project.
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