Friday, July 8, 2011

ARTICLE - PROJECT KAY PAM

THE 'KAY PAM' PROJECT INCREASES FROM 30 MILLION TO 500 MILLION GOURDS
(Haiti Libre) -

The project "Kay pam", a major housing mortgage program, which was to be launched by the National Bank of credit (NLC) on Tuesday June 14 has been postponed, following the assassination of the President of the Board of Directors of the BNC, Guiteau Toussaint [on June 12].

The project "Kay pam" will finally be officially launched on Friday, July 22, announced last Saturday by President Michel Martelly. This large mortgage program aims to help people of the middle class to buy decent homes.

Initially provided with an amount of 30 million gourds, the Head of State has indicated that the funds available for this program have been increased to 500 million gourds, available at the beginning of the program.

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