When taking on his last term of office, President Uhuru Kenyatta, the President of Kenya committed to building 500,000 houses and at the same time facilitate affordable housing. He further promised to institute a homeownership program so that families can own a decent home affordably. The occasion coincided with the unveiling of a project called ‘Building Assets, Unlocking Access: Shelter Solutions for the Poor.’ It was a Habitat for Humanity project that was launched in 2012 that seeks to have sustainable cities and communities. The six year project planes by Habitat for Humanity’s Terwilliger Center for Innovation in Shelter is funded by three major organizations which are Habitat for Humanity Canada, Habitat for Humanity International and the MasterCard Foundation.
The project has further provided technical assistance to different institutions in Kenya and Uganda which are Kenya Women Microfinance Bank, Centenary Bank; Opportunity Bank, Pride Microfinance Ltd, Stima Sacco and Kenya Commercial Bank. The collaboration with this institutions is directed towards the initiation of microfinance products that will favor the low-income households to improve their home conditions. The move will empower the people to secure adequate and affordable housing which will be a significant improvement on the community. Housing is among the three basic needs in low-income households along with food and primary education and many microfinance institutions are putting up efforts to generate solutions to such needs.