NCBA Bank has reinforced its commitment to sustainable and affordable homeownership by hosting its annual Property Investment Tour using fully electric buses and unveiling its new Solar Leasing Solution aimed at making clean energy more accessible for Kenyan households.
The initiative comes at a time when homeownership rates in Kenya are facing increasing pressure due to rising property prices, stagnant household incomes, and limited access to long-term mortgage financing. These challenges have made it increasingly difficult for many Kenyans to transition from renting to owning homes.
Through the Property Investment Tour, NCBA brought together prospective homeowners, property developers, and financial advisors in an immersive experience designed to simplify the home-buying journey. Participants were transported to various residential developments where they had the opportunity to explore different housing options, interact directly with developers, and gain practical insights into property investment and homeownership.
The use of fully electric buses for the tour also reflected NCBA’s commitment to environmental sustainability and climate-conscious innovation. By integrating clean mobility into the event, the bank sought to demonstrate how sustainability can be embedded across different sectors, including housing and finance.
During the tour, NCBA also introduced its Solar Leasing Solution, a financing model designed to enable homeowners to adopt solar energy without the high upfront costs typically associated with solar installations. Through the leasing model, customers can access solar power systems and pay for them through manageable installments, helping households reduce electricity costs while contributing to a cleaner energy mix.
The bank highlighted that the Solar Leasing Solution complements its broader property finance offering, which includes mortgages, home improvement financing, insurance solutions, and green energy financing options designed to support more sustainable living.
By combining property exposure, financing guidance, and renewable energy solutions in a single initiative, NCBA aims to empower customers with the tools and knowledge needed to make informed property investment decisions.
The initiative underscores NCBA’s broader commitment to advancing inclusive, sustainable, and climate-resilient homeownership across Kenya while helping more families access housing solutions that are both financially viable and environmentally responsible.