Description
The land rental loan is intended for both individual and legal persons.
Characteristics
| Eligibility requirement | Availability of registered land Construction cost / m² |
| Eligible operation | Housing for rental |
| Guarantees | Closed 1st rank mortgage on land title Insurance: Life and Disability for 60 months on the Borrower or the Manager Multiple housing on the property financed over the life of the loan All Risks Site Tripartite signature of the lease agreement (CFC / Clients / Tenants) Pledging of rents to CFC |
| Destination of the project | Location |
| Eligible person | Individual Legal entities Public or private undertakings promoting rental buildings intended for the dwelling of their personnel |
| Duration | Individual: 300 months (25 years) Legal entities: 360 months (30 years) |
| Interest rate | 4,193 % HT or 5 % inclusive of tax |
| Total delay | 1 to 36 months |
| Minimum personal contribution | Individuals / family SCI: minimum 20% of the cost of the project, subject to its financial equilibrium Legal persons: 25% minimum of the construction cost subject to the financial balance of the project |
| Maximum Loan Amount | Individuals / family SCI: 125 million FCFA Legal entities: 250 million FCFA |
| Sources of reimbursement | Project Rents |
| Modes of reimbursement | Domicile of rents in the account of operation OVP in the transaction account |
