Are you looking for a place to invest in? Perhaps Eldoret town is your best bet.
We
at Baoriat Agencies are committed and ready to help you invest – be it purchase
of land for agricultural purposes, a home or for setting up a real estate.
Maybe
you are interested in putting up your investment in Eldoret but you don’t know
it that well, – read on for all you need to know about this town that serves as
the capital of Uasin Gishu, one of the 47 counties in Kenya.
Location
Eldoret
town lies south of Cherangani Hills at an elevation that varies from 2,100
meters above sea level (at Eldoret International Airport) to over 2,700 meters.
It is located in the Rift
Valley region, about 325.5 kilometres from Kenya’s capital, Nairobi.
Population
According to the 2019 Kenya
Population and Housing Census, Eldoret is the fifth most populated urban
area in the country after Nairobi,
Mombasa, Nakuru and Ruiru.
With 475,716 people,
according to 2019 National Census, Eldoret is currently the fastest-growing
town in Kenya.
What is the origin of the name Eldoret?
Eldoret is a name derived
from a Maasai community word ‘eldore’ translated to ‘Stony River’ – in
reference to Sosiani River cuts right through the town.
The Maasai community was
first to live in the town and the expansive Uasin Gishu County in the 18th and 19th centuries.
When was Eldoret town started?
The origin of Eldoret town can be traced back
to the arrival of 58 families of Afrikaans in 1908 who
left Nakuru for the Uasin Gishu plateau after a journey from South
Africa by sea and by rail from Mombasa.
The families settled in Sergoit farm – a
5,000-acre piece of land on which each family built a shack, put up fences, and
started wheat, maize and vegetables farming that laid the foundation for the
transformation into a prosperous agricultural region.
Eldoret town was established on the farms
that the settlers referred to as ‘Farm 64’, ‘64’ or ‘Sisibo’ for the locals.
The official townsite started in 1910 with the development of a Post Office at ‘Sisibo’ that was followed shortly with the arrival of 60 more Afrikaner families in 1911.
An administrative centre was set up in the area in 1912 leading
to the Post Office being renamed from ‘64’ to the new official town name –
‘Eldoret.
With the establishment of an administrative centre came a huge
increase in trade that saw a bank and several shops set up.
Why 64?
64 or ‘Sisibo’ is always made in reference to
Eldoret town because, then, it was located 103 kilometres (64 mi) from the
newly built Uganda Railway at Kibigori. The name is still used by locals with
the existence of 64 stadium in the town.
First major investments in Eldoret
The expansion of the Uganda Railway that
reached Eldoret in 1924 was the start of growth and prosperity of the town.
Four years later, 1928, the town had its first piped water that was supplied
from Sosiani River.
In 1933, the East African Power and Lighting
Company installed an electricity generator plant.
By the 1950s, Eldoret was divided into two,
along the now Uganda Road – one region for the Afrikaans (on the north) and
British (on the south).
The two had their own schools and recreational facilities – Afrikaans took their children to Highland School, (now Moi Girls High School) and the Brits, to Hill School. For recreation 'Brits' used the Lincoln Hotel and the Race-Course near the now "Chinese Area" while the Afrikaans converged at the Wagon Wheel Hotel.
Eldoret town is now a major investment hub in
the North Rift and Western Kenya with several financial institutions including
a Central Bank of Kenya branch, a host of institutions of higher learning among
them three Public Universities, an international airport, a number of
industries like Rift Valley Textile Company (RIVATEX), New KCC, Raiply as well
as the Kenya Pipeline Depot among others.
Baoriat Agencies is committed to helping you find the best place for you to settle in Eldoret town. We walk you through the entire process of acquiring your own property in Eldoret until it has been transferred into your hands
To learn more about buying a property in Eldoret,
Call 0721-554937
WhatsApp https://wa.me/0721-554937
Email evekibet@gmail.com or
Visit us at Juma Hajee Building room number 16, Eldoret town
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