This archive report was first published on 5 December 2021.
December 5, 2021 - In a bid to improve the quality of homes in Kenya, Maendeleo Chap Chap (MCC) Party leader Alfred Mutua has promised to give newly married couples between Sh500,000 to Sh1 million loans to build new homes if elected president in next year's elections.
Mutua, who is also the Machakos Governor, made the pledge while launching his manifesto which mainly focused on the plight of the youth in the country.
“Newlyweds will receive an initial capital of Sh500,000 – Sh1,000,000 in kind, payable over 20 years at an interest rate of 0.5% as a gift to invest in their new home and entrench the family institution,” Mutua said.
Mutua's manifesto also includes a raft of other promises which held a bag of goodies to the youth and the marginalized, including tax reductions on the cost of petrol, food and electricity, and slashing the cost of maize flour by half.
He also promised to create over 5 million jobs for the youth with tax relief for those who will venture into self-employment, and to set up a fund for those between 40–60 years old to draw funding for school fees for their children, purchase of assets, training, business proficiency and personal skills training.
Additionally, Mutua promised to revamp the agricultural sector in the country through reduction of imports, and to set up a food fund and food reserves for the poor and marginalized who are adversely affected by drought.
