In five years, the fund has awarded 34,195 loans that have benefited 179,900 people.
Enrique Oñate, president of the institution stated that the next administrator should define new sources of funding for the institution.
Journalist Irene Valiente reported the statements of Enrique Oñate in Laprensagrafica.com: "Loan amounts were between $14,000 and $75,000 for workers with incomes of up to 2.5 times the minimum wage."
The president of the Social Fund for Housing announced the expansion of financing for housing of up to $75 thousand.
Interested parties can qualify for said amount for a new or used house, debt transfer or personal construction.
"Risk agencies tell us that we have a high concentration for only a part of the population. Now we must balance the portfolio with a greater risk segment and a lesser one, that improves the outlook," said the president of the Social Fund for Housing, Enrique Onate.
The approval of the credit terms and conditions to acquire a home is part of the strategy promoted by the Fondo Social para la Vivienda (Social Housing Fund) to increase the loan coverage.
The credit policy also seeks to reduce the deficit of social interest housing, assured the president and executive director of the FSV Enrique Oñate Muyshondt yesterday.