KCB Bank Uganda, real estates firm in partnership
KCB Bank Uganda partners and Candle Light Property Services managers after making the partnership
By Cecilia Nsimire
KAMPALA – KCB Bank Uganda, a licensed commercial bank, has signed a strategic partnership with Candle Light Property Services Ltd aimed at making land and home ownership more accessible to Ugandans. The collaboration will enable customers to access competitive mortgage financing from KCB Bank Uganda for purchasing plots and houses developed by Candle Light, bridging a key gap between property ownership aspirations and financial accessibility.
Through the agreement, Candle Light will refer prospective buyers to KCB Bank Uganda for mortgage financing. At the same time, the bank will extend loans to qualifying customers in line with its credit policy. The initiative is designed to dismantle common barriers to home ownership by combining flexible financing with transparent, legally compliant, and well-planned developments.
Speaking at the signing ceremony on Friday, August 15th, 2025, Miranda Musoke, Head of Retail, KCB Bank Uganda, said, “At KCB Bank Uganda, we are committed to empowering individuals and families to own property without the financial strain that has historically kept many from this goal. This partnership with Candle Light Property Services means our customers can access affordable, transparent, and sustainable property solutions backed by competitive mortgage financing. Together, we are making home ownership a dream and an achievable reality.”
Candle Light Property Services, guided by its motto “Spark hope. Build homes”, is a Ugandan-owned real estate company dedicated to transforming the sector by offering affordable plots, flexible payment plans, and developments with essential infrastructure such as roads, drainage, and water access. The company also promotes eco-friendly land use and supports first-time buyers with simplified legal and documentation processes.
Filbert Kirama, Managing Director of Candle Light Property Services, welcomed the collaboration, noting, “Our mission is to transform and revolutionise Uganda’s real estate industry by creating organised, affordable, and sustainable communities. Partnering with support they need, while upholding our commitment to transparency, quality, and customer trust.”
The partnership comes at a time when Uganda’s real estate sector is experiencing steady growth, driven by increasing demand for affordable and secure housing. By combining KCB Bank Uganda’s mortgage expertise with Candle Light’s community-focused developments, this collaboration is expected to enhance financial inclusion, promote planned urban growth, and contribute to Uganda’s socio-economic transformation.
About KCB Bank Uganda
KCB Bank Uganda is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The Bank has 15 branches spread across the country,15 ATMs, 385 Bank Agents, and 295 Merchant outlets. Its mission is “To drive efficiency whilst growing market share to be the preferred financial solutions provider in Africa with global reach.”
