Participating Financial Institutions
Intermediary Financial Institutions (IFIs) that comply with the eligibility requirements established by CABEI may participate pursuant to current norms.
Beneﬁts for Financial Institutions
The intermediary financial institution will have the necessary long-term resources to offer a housing financing option aimed at a segment of the population that has been traditionally neglected and expand its credit supply, thus obtaining better returns.
Final Beneficiary of the Resources
People with a monthly family income of up to 8 minimum wages, who wish to acquire, build and improve their housing.
Currency of CABEI Disbursements (loans)
Disbursements may be made in local currency or in dollars, at the intermediary's option, subject to the origin and availability of resources at CABEI.
The interest rate applied by the intermediary institution should be sufficient to ensure the profitability of its credit operation, as well as the sustainability over time of the supply of resources for social housing.