KCB Bank Uganda has strengthened its commitment to making home ownership more accessible by showcasing flexible mortgage financing solutions during Pearl Marina Estates’ Phase II Agents’ Open Day held in Entebbe.
The event brought together agents, developers and financial institutions to discuss the Phase 2 offering, which includes Riviera Residences Phase II, Bellavista Apartments, La Perla Bungalows Phase II, and a selection of serviced plots and investment opportunities.
KCB Bank Uganda’s mortgage financial solutions for the Pearl Marina Phase 2 units include financing of up to 85% of a property’s value for salaried employees and business owners, with repayment periods structured to fit different income profiles. The bank’s offering is positioned to address a persistent gap in Uganda’s housing finance market. According to banking industry records cited by the Uganda Bankers Association, fewer than 40,000 mortgages are currently active in a country of about 50 million people. Mortgages, construction, and real estate lending together account for roughly 20% of total bank lending in Uganda, based on Bank of Uganda data.
Pearl Marina Estates sits on 389 acres of waterfront land along Lake Victoria, with over 3 kilometers of lake frontage. The estate’s master plan brings together residential, recreational, and retail facilities in one site, offering a mix of villas, townhouses, bungalows, and apartments alongside serviced plots for buyers who wish to build
Isaac-Mukiibi-L-posing-for-a-photo-with-agents-at-the-pearl-marina-open-agent-day
Sylvia Alal, Sales and Marketing Manager, Pearl Marina Estates, said, “We hosted this open day to introduce our valued agents and partners to the expansive premium housing inventory available in Phase 2, such as our Riviera townhouses and popular serviced plots. Our strategic alignment with KCB Bank Uganda simplified the acquisition process, providing a structured, highly efficient path toward home ownership.”
Isaac Mukiibi, Mortgage Manager at KCB Bank Uganda, also said, “At KCB Bank Uganda, through partnerships such as Pearl Marina Estates, we are making quality housing more accessible by providing financing solutions that meet customers where they are financially. The collaboration reflects increasing partnerships between developers and financial institutions aimed at addressing Uganda’s growing housing demand while reducing barriers to home ownership. This is coz you mentioned the stats above so your justifiying the solution we provide for the homeownership journey.”
Through strategic partnerships with property developers, KCB Bank Uganda continues to expand access to affordable housing finance, empowering more Ugandans to achieve home ownership while contributing to the country’s economic development
Leave a Reply