Women Landlords! Kenyan Women Group Pool Funds To Erect 102-room Hostel

A group of women cooperative in Kenya are re-writing the meaning of cooperation.

According to Global News Network, women under Murang’a County Women SACCO pulled small their small contibutions to erect a student’s hostel block fully funded from their purses.

Unveiled last year, the student hostel block is said to have cost $1 million.

The women are credited for raising almost $1 million that completed the 102-rooms apartment even though their daily contributions per person were as little as $0.1, in some instances. According to the women, they basically leveraged on their numbers to make sure that they did not lose sight off they target of becoming landlords.

According to the story, instead of sharing the contributions, this Kenyan women group opted to deny themselves and bought a land, and did the 5-storey apartment with more than 100 rooms which will be hosting students from the neighboring colleges and universities. This, however, didn’t come easily especially with lots of social and cultural difficulties that literally threatened to stall the project at many instances.

The Chairlady of the Kenyan women group which pooled their cash to build a big apartments addresses members inside one of the rooms during its commissioning last year.

One member of the group, Grace Ndegwa who lost her husband back in 2003 and a mother of two struggled through but can now saw the fruits of her toil the day the project was officially opened. Her aspirations were, all through, to someday start a good business that would help bring up her family. Now, she is a proud co-owner of the property in question.

The now six-years-old Kenyan women group is also funding founded and run by women within the community.