Mhasibu Housing Company Limited - Nairobi, Kenya

MHCL, a limited company, was registered under the Companies Act (Cap.486) Kenyan Laws in 2009. It is a fully-owned subsidiary of Mhasibu Sacco (herein MSSL/Sacco). MHCL’s key objective was to enable Sacco members to acquire affordable housing and land ownership solutions by pooling resources and benefiting economies of scale.

Due to its success, especially in reducing the cost of land, non-members have also been attracted by its products; it now serves the Sacco members and the public willing to participate in its projects. MSSL is a Sacco for accountants established by the Institute of Certified Public Accountants of Kenya (ICPAK) in 1986; it is over 30 years and has over 25,000 members.