From housewarming party to homeownership: How a celebration ignited dreams

He assigned me a Relationship Manager who has walked with me this far. From a wide range of properties in Nakuru, Ngong, Kangundo Road, Matuu, and Kisumu, I settled on a plot in Ngong selling at Ksh 299,000 in 2018 because it is closer to Nairobi. I deposited Ksh 200,000 from the Sacco laond and paid the remaining balance in instalments for a period of 6 months".

"As we speak, I am now a proud landowner in Ngong and the plot is now worth over Ksh 800,000. My advice to young people is to unlock the power of saving consistently and also investing in knowledge. This is my simple trick that worked."

Build your savings by joining a Sacco

Building your savings is an essential step towards unlocking the power of Saccos. It shows your commitment to the Sacco and is an indication of your financial discipline. The more you save, the more disciplined you become and the more likely you are to access credit and other financial services.

Apply for a loan

Once you have identified the home ownership product that suits your needs and assessed your financial ability, you can apply for the loan. The Sacco will process your application and inform you of the outcome. If successful, you pay for your plot and await the processing of your title deed.

Repay the loan

Repaying the home ownership loan is essential to maintaining a good credit history with the Sacco. It also allows you to access other financial services in the future. Make sure you understand the loan repayment terms and budget for the loan repayments.

In conclusion, Mike is now a proud landowner in Ngong through Username Investments. He advises every young person to start saving as soon as they land their first job and to consider