The first generation (of the current third generation management team) borrowed Kshs 960,000 at 7% (20 year term) from First Permanent Building Society to build the Fairview Apartments. The interest rate was fixed, not floating.  If it weas not for the inflation in the 60s (making the replayments less painful), the Fairview might have faced bankrupcy.  The Fairview has been debt free ever since.