Frank Ireri left

So I'm watching Money Matters that NTV show about business. The Show is presented by Norman Mudibo every week on Tuesday after the news. I think that Telkom is a major sponsor as every week we are shown around Telkom. For instance this week, Money Matters featured Francis Kamande a manager with Telkom in Nairobi South. There is a 120,000 lines capacity in this part of the city and they have already gotten 65,000 customers. Nice.

This week, the show seemed to focus on the mortgage industry. They had an interesting feature on people who are buying homes and interviewed some interesting industry players. An interesting one was Josephine Nderitu who works with Savings and Loans (S&L) the mortgage arm of KCB as a manager with business development. And she was telling us that the future is really bright as they move away from the higher end of the mortgage market to the rest of us.

The most interesting part of the show for me had to be the beginning of the show where Mudibo was interviewing Frank Ireri. I never met Frank Ireri in my life but I have seen his name on the letter head for AIESEC stationery when I was leaving college. And so I know that the fellow must be forward thinking dude right? And last year (or was it '05 - with the way time is flying nowadays one never knows) I heard the pal had been head hunted by Housing Finance (formerly HFCK) as its managing director. So you know that I was very interested with what the man had to say about housing. He was quite eloquent. I get why he comes highly recommended. He looks like he knows what he is talking about. And like you can trust him. Which is not a bad attribute to have with a firm that is selling you mortgages like his is.

And the beauty about Housing Finance is not just their trustworthy looking MD. They have the cheekiest advertising campaign I have seen in a very long long while. It is a series of print ads where you are asked if you still want to spend time with your landlord. If you want to buy your own digs, you are asked to visit Firsthop.co.ke. That’s a pretty good sign that the company has come to realise that more and more of us are web savvy. Sweet.

Are Housing Finance mortgages competitive? You tell me. But they are certainly enticing. If you want a mortgage, I guess Housing Finance can’t be too bad an option.

>> Related Links
:: Housing Finance
:: First Hop

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