- KUPPET Nairobi members will access property investment opportunities under a new partnership with Fanaka Real Estate.
- The deal offers teachers extended payment periods and discounts on cash purchases across selected Nairobi metropolitan locations.
- Branch officials say the initiative seeks to strengthen teachers’ economic security beyond salaries and workplace welfare.
The Kenya Union of Post Primary Education Teachers (KUPPET) Nairobi Branch has entered into an investment partnership with Fanaka Real Estate Ltd aimed at helping teachers acquire land and homes.
The agreement, signed on Friday, September 4, brings together the union’s Nairobi leadership and the real estate company in a programme targeting teachers interested in property ownership within the Nairobi metropolitan area.
KUPPET Nairobi Executive Secretary Isaac Masenge said the partnership was part of the branch’s commitment to improving teachers’ welfare through economic empowerment in addition to advocating better salaries and working conditions.
“This strategic partnership is a major step towards ensuring that every teacher in Nairobi becomes a land and home owner and secures their future beyond the payslip,” Masenge said.
The signing ceremony was attended by Fanaka Real Estate founder and Group Chief Executive Officer Moses Muriithi Kihunii and officials of the KUPPET Nairobi Branch.
Teachers offered 12-month payment period
Under the agreement, KUPPET Nairobi members will have access to properties marketed by Fanaka in several parts of the Nairobi metropolitan area.
According to the union, the properties range from about Sh500,000 to Sh10 million and are located along major development corridors, including Thika Road, Mombasa Road, Kangundo Road, Kikuyu and Ngong.
Areas listed under the arrangement include Ruiru-Kamakis, Juja, Syokimau-Katani, Kitengela, Athi River, Kamulu, Joska, Malaa, Kantafu, Komarock, Kibiko and Kimuka.
One of the key provisions of the partnership is an extension of the company’s normal instalment period from six months to 12 months for KUPPET Nairobi members.
The union said the extended “Lipa Pole Pole” arrangement was intended to enable teachers to acquire property without having to make the full payment at once.
Members who make cash purchases will also receive a five per cent discount on properties covered by the agreement.
Union says land will be vetted
KUPPET Nairobi said properties offered through the arrangement would be vetted and accompanied by title deeds.
The branch further said Fanaka had committed to transferring titles to successful buyers within one month, subject to completion of the required purchase and transfer processes.
The arrangement will not be limited to property sales, according to Masenge, who said the union and company intend to maintain a longer-term relationship involving financial literacy and investment opportunities for teachers.
“This is not a one-off transaction, but a long-term partnership and collaboration between KUPPET Nairobi Branch and Fanaka Real Estate, aimed at continuous financial literacy and investment opportunities for our members,” he said.
The initiative reflects growing interest among teachers’ organisations in programmes aimed at helping members build assets and strengthen their financial security beyond their monthly income.
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KUPPET Nairobi has asked interested teachers to obtain further information and register through the office of the branch Executive Secretary.
By Joseph Mambili
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