John is my childhood friend. He has allowed me to write about his journey to owning a house.

John’s Bio

Name: John

Age: 31

Marital status: Married with a son

Employer: Government of Kenya

 

 

John’s wife is called Mary.

Mary’s Bio

Name: Mary

Age: 29

Employer: Self employed

 

Background.

The Government has put up a scheme to allow its employees to own houses. http://www.nation.co.ke/news/Civil-servants-to-get-car-house-loans/1056-2577962-d2t29lz/index.html gives a background on this offer.

 

Summary of the Mortgage scheme at John’s work place

House mortgage scheme.

Interest rate: 3%

Maximum limit: Kshs 10 million.

Maximum duration: 20 years.

 

This series of posts will seek to explore the road that this couple will walk to owning a house.**

Kariuki Waweru