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Technology company, Ibuild marked its maiden entry into Kenya with a keen eye on East African market as it seeks to address the severe housing shortage in the country.
iBuild is a mobile application designed to provide a virtual marketplace that connects households wishing to contract the construction of a home with architects, lenders, permit issuing authorities, contractors as well as workers thereby providing all these stakeholders access to a ‘one-stop-shop’ for home construction.
The firm’s Kenya market director Aggrey Wangwe said that the move will aim to reduce bottlenecks often faced by home seekers in accessing construction and building services.
The app, according to Wangwe will provide access to affordable financing and reducing the cost of small scale home construction for Kenyans.
“This will revolutionize the housing and construction market in a big way. Previous engagements with the ministry of housing and the National Constriction Authority (NCA) have been fruitful. We are in talks with other stakeholders to enhance the use of this application that will go a long way in solving some of the challenges the market in presently facing,” he said
The platform also seeks to provide customers with convenience in hiring skilled contractors, artisans and laborers and to locate and place orders with reliable suppliers-all through a single virtually accessible platform.
The firm is also hopeful that its entry into the Kenyan market will help address the existing housing deficit in the country’s housing sector.