A Milestone for Women in Property Ownership
Towards the end of July, at the Keza Riruta development, Mi Vida Homes and Women on Boards officially signed a Memorandum of Understanding (MOU) that could reshape women’s participation in the Kenyan real estate sector. The partnership, running until August 2026, combines preferential property pricing with education and industry access, unlocking doors for women to invest, own, and thrive in what has traditionally been a male-dominated space.
What the Partnership Offers
Through this agreement, members of the The Women on Boards network will:
- Access Mi Vida Homes units at preferential, subsidised rates.
- Invest either individually or collectively in Keza and other Mi Vida projects.
- Participate in learning and engagement platforms designed to deepen their understanding of the real estate market.
This dual approach, practical entry into property ownership combined with targeted education, creates a model that could inspire similar initiatives across Kenya.
Driving Inclusive Growth in Real Estate
Speaking at the event, Krupa Chohan, Sales Director at Mi Vida Homes, highlighted the company’s commitment to inclusive growth:
“Real estate should be accessible to all, and this partnership reflects our belief that women deserve equal opportunities to invest and build wealth through property.”
Representing Women on Boards, Eunice Ong’ele added:
“We see this as a pathway for more women to move from the boardroom to tangible asset ownership, strengthening both personal and collective financial stability.”
Why This Matters Now
Women’s ownership in Kenya’s formal real estate sector remains lower than men’s, often due to barriers like financing, limited access to market information, and historical cultural norms. Partnerships like this address those gaps directly — offering favourable terms and building confidence through structured knowledge sharing.
With Keza Riruta Phase 1 set to hand over in September, the timing is especially significant. Women buyers who take advantage of this initiative can transition from agreement to occupancy within months, immediately benefiting from ownership and potential rental income streams.
Looking Ahead
Beyond the transaction, Mi Vida Homes will host workshops, panel discussions, and site tours tailored for Women on Boards members. The aim is not only to sell property but also to equip women with the tools to become informed investors and industry voices.
This collaboration could mark the beginning of a shift in Kenya’s property market, where women play an increasingly visible role in shaping urban growth and wealth creation.