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Housing loans: CRRH-UEMOA and COFINA Senegal sign a partnership for the implementation of a refinancing

22/07/2021
Categories: Sectors

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The CRRH-UEMOA, a regional initiative for better housing finance in WAEMU countries, has signed a partnership with COFINA Senegal for the implementation of a refinancing of housing loans on concessional resources.

"The signatures that we have just signed on the agreements and instruments for the provision of a refinancing of CFAF 02 billion granted by CRRH-UEMOA to COFINA SN for the financing of affordable housing in favor of its clientele constitute a significant development in the activity of our two institutions. For CRRH-UEMOA, this is the concrete expression of its desire to extend, with the support of the World Bank, the effectiveness of its operating model to the financing ofThis is the concrete expression of its desire, with the support of the World Bank, to extend the effectiveness of its operating model to the financing of access to property for people with modest and/or irregular incomes," declared Christian AGOSSA, General Manager of the CRRH-UEMOA. For his part, Alassane DIA, the CEO of COFINA Senegal intends through this financing to impact the daily life of the Senegalese people by actively participating in the social housing access program. He reassures that the loan of the CRRH-UEMOA in favor of COFINA SN will allow the latter to make available to its customers credits intended for the acquisition of real estate at lower cost.

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