Urbanization Infrastructure Development
In our interest to improve housing conditions, we complement the loans for house purchase, house construction and house improvement with a credit line to develop infrastructure projects.
Infrastructure credits finance basic services for new housing projects, as well as for settled communities that are missing one or more of these services (water, sewage, electricity, legalized lots).
Infrastructure credit types:
1. Individual credits
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Collateral: Fiduciary
Credit
US$607.00 - US$1011.67
Maximum term
3 years
Interest rate
23% annual
Requirements:
Collateral: Mortgage
Credit Limit
US$80,394
Maximum term
15 years
Interest rate
18% annual
Requirements
2. Credit for Urban/Land Developers (Bridge Loan)
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Credit
According to project´s size
Maximum term
1 year
Interest rate
14% annual
Qualified urban/land developers may access to these loans for infrastructure projects. The loan is recovered through the repayment of the granted individual credits within the project.