KAMPALA– KCB Bank Uganda has partnered with Reportage Properties (U) Ltd to simplify access to mortgage financing for Ugandans through an exclusive collaboration unveiled today at the groundbreaking of Divyabhav 7Hills, a premier residential and commercial project in Kololo, Kampala.
The initiative aims to address one of the biggest barriers in Uganda’s real estate sector—limited access to financing—by providing streamlined mortgage solutions to qualified buyers interested in properties developed by Reportage.
Key Highlights of the Partnership:
Location: Divyabhav 7Hills will be located on Prince Charles Drive, Kololo—one of Kampala’s most sought-after neighborhoods.
Project Features: The development includes studio (sold out), 1- and 2-bedroom simplex apartments, and 3- and 4-bedroom duplex homes, catering to families and investors alike.
Financing Access: Through this partnership, KCB Bank will offer flexible mortgage terms in line with its credit policies, targeting middle to high-income earners.
“With flexible mortgage financing and a trusted partnership with Reportage Properties, home ownership is now within reach,” said Isaac Mukiibi, Mortgage Relationship Manager, KCB Bank Uganda.
A Vision for Sustainable Urban Living
Sikander M. Kassam, CEO of Reportage Properties Uganda, reaffirmed the company’s long-term commitment to building lasting value.
“The objective with Divyabhav 7Hills is to establish an exclusive residential community that merges modern design with enduring comfort.”
The project aligns with KCB Bank Uganda’s ESG (Environmental, Social, and Governance) agenda, emphasizing sustainable finance, inclusive economic growth, and urban resilience.
Market Context
Uganda’s real estate market is expanding, driven by urbanization and a growing middle class. However, mortgage penetration remains low. The Divyabhav 7Hills initiative responds to this gap, offering modern, secure, and investment-worthy housing options backed by structured financing.
