NewsWhore
12-09-2009, 04:20 PM
The Andean Development Corporation (CAF) has approved a US$80 million loan for the DR. The funds are assigned to the Urban Development and Habitat Program. Hoy reports that the CAF's funds represent 64% of the total program funding, which is US$124.2 million. The National Housing Institute (INVI) program is building homes and social infrastructure in 61 communities, benefiting more than 18,500 people, according to CAF. The funds are earmarked to aid low-income families and communities that have been or are vulnerable to tropical storms.
CAF members comprise 18 countries in Latin America, the Caribbean and Europe. Its shareholders include 14 private banks in the Andean region.
More... (http://www.dr1.com/index.html#5)
CAF members comprise 18 countries in Latin America, the Caribbean and Europe. Its shareholders include 14 private banks in the Andean region.
More... (http://www.dr1.com/index.html#5)