Home » Business » Paraguay Housing Loans with AFD Funds Reach USD 485 Million – Impact and Solutions

Paraguay Housing Loans with AFD Funds Reach USD 485 Million – Impact and Solutions

There are almost 17,000 active housing loans with funds from the Financial Development Agency (AFD), for about USD 485 million, through the banking system and from the Association of Banks (Asoban) highlighting the social impact and in the housing industry. construction of credit products for housing solutions.

The AFD projects to bolster current housing offerings and will add a new one, Che Róga Porã, which targets low-income sectors, according to sector references.

The banking system finances around 53% of the housing loan portfolio with AFD resources, while 47% is financed with its own resources, reported the executive spokesperson for the Association of Banks of Paraguay (Asobán), Liz Cramer. She explained that banks have developed healthy competition in which the client can choose the offer that best suits their profile.

2024-04-13 23:26:23
#active #loans #housing #Paraguay

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