36,398 households benefited from the Social Fund within the first 5 years of President Nayib Bukele – 2024-06-07 17:33:04

by times news cr

2024-06-07 17:33:04

The Minister of Housing, Michelle Sol, reported the steadiness of the historic deed knowledge that the Ministry of Housing system by way of the Social Fund, reported within the first 5 years of President Nayib Bukele.

In that sense, $777.3 million had been invested in loans, benefiting a complete of 36,398 Salvadoran households.

In 2024 alone, from January to Might, loans have been granted for the acquisition of three,098 properties; which represents an funding of $76.3 million.

The outcomes of the yr by strains of credit score are: New housing 1,120 loans for $40.8 million; Used housing and different strains 1,240 loans for $25.7 million; Extraordinary belongings 738 properties for $9.8 million, this due to the safety measures carried out.

Moreover, the minister reported that the default fee for Might closed at 2.18, which proves the efforts of the establishment and the curiosity on the a part of the inhabitants to deal with their dwelling credit score.

Additionally, he added that, solely within the month of Might 2024, a deed of 553 properties was achieved, which represents an funding of $13.08 million; reflecting the next outcomes:
New housing 160 credit for $6.17 million; Used housing and different strains 253 loans for $5.17 million; Extraordinary belongings 140 homes for $1.74 million.

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