The World Bank is ready to extend a loan $ 100 million for sustainable housing in India state that can be used to buy, build or renew cheap place to stay,
Funding under this project aims to create incentives for lenders to focus on low-income households with a net reduction of the cost of lenders' funds of about 200-300 basis points, "the ministry said.
The project also aims to meet its stated goal of achieving a higher proportion of low-income households while maintaining portfolio quality standards.
As per official estimates, there is a shortage of about 25 million residential units cost in India. Funding is a major problem because these projects often charged interest rates of 200-300 basis points higher than normal.
To buy a cheap house bank loan worth $ 100
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Oleh
rama olshop blogger
