IBRD Loan: US$ 250 million
Maturity: 29 years Grace: 10 years
IDA Credit: US$ 750 million
Maturity: 30 years Grace: 5 years
Project ID P172321
Project Objectives Description: The proposed DPF is the second in a programmatic series of two operations in support of the Government of Kenya’s inclusive growth agenda. The program development objectives are to: (i) crowd in private investment and financing for affordable housing; (ii) enhance farmer incomes and food security; (iii) create fiscal space to support the government’s inclusive growth agenda; and (iv) crowd in private investment and leverage digitization to support the government’s inclusive growth agenda.