The government has given a one-year relief to Kenyans with loans under the Land Settlement Fund, after announcing a waiver on all interest and penalties.
The ministry announced this in a notice published on March 27. In the notice, Lands Cabinet Secretary Alice Wahome stated that the Kenyans who borrowed money from the Land Settlement Fund will be required to pay the original loan during the announced period.
The waiver will begin on February 13th, 2026, and will end on February 14th, 2027. During this period, all the penalties and interests will be cleared. This will give the Kenyans the chance to pay up without any additional costs.
This is aimed at helping the Kenyans who have been struggling to pay up over the years. The ministry stated that the settlement schemes are an important program for the government. This will enable people to own the land in places like rural areas where the population mostly depends on farming as their source of livelihood.
Currently, there are more than 500 settlement schemes, which are spread out in 26 counties. The majority of them have already been registered while the remaining are in the process of being registered.
Borrowers are now required to check their outstanding balances through the Ministry of Lands website and make the most of the waiver before the deadline.
However, the CS has also warned that anyone who has not cleared their loan by the end of the one year will be required to start paying interest again at the existing rates.
The Land Settlement Fund helps landless Kenyans acquire land through the provision of loans to purchase land. Once the loan is fully paid, the individual is issued with ownership documents.
The announcement comes at a time when Nairobi Governor Johnson Sakaja asked property owners in the city to clear their land rates before the deadline, with a small discount being offered to encourage early payment.