Monday, September 10, 2012

Ministry of Housing and Land Management (Miviot) has disbursed $1,063,707 to Panamanian families

Panama America News:

Miviot loaned more than $1 million

10 | 09 | 2012
To date, the Ministry of Housing and Land Management (Miviot) has disbursed $1,063,707, through the Materials Loan Program, to Panamanian families for construction
The Miviot loaned more than $ 1 million  Help. The Miviot expects to deliver $ 200 billion in loans. (Archive)
Edith Erika Quiñones (erika.quinones @ epasa.com) / PANAMA AMERICA
To date, the Ministry of Housing and Land Management (Miviot) has disbursed $ 1,063,707, through the Materials Loan Program, to Panamanian families to build their homes.
After five years of being suspended and that in 2009 the project was reactivated in the Ministry has received about 4,000 applications for loans, of which 577 have been granted and left about 116 for delivery in the remainder of 2012.
Roberto Rivera, director of the program, revealed that it would not generate numbers for bestowing this year are about $200,000.
Rivera explained that before approving each loan is made a home visit, both social and technical, to corroborate the information provided by applicants and nationwide annually given track to learn the use of the materials provided.
The requirements to be benefited by this program are: to have a wage income between $300 and $1,000 to the person to work in the public sector, private or informal.

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