Inabima will grant loans to teachers to consolidate debt

The National Institute of welfare teachers (Inabima) announced yesterday that it will execute a programme of loans so that teachers can consolidate debts with different institutions.

Information is offered by the Executive Director of the Inabima, Maritza Rossi, who explained that the first phase of the programme will benefit teachers pensioners and retirees of the Ministry of education, through this institution.

The programme aims to improve the quality of life of teachers who are in debt with loans in different institutions, which undermine the availability of resources to each month.

"What we intend to is consolidate teachers all debts that they have, and left only with the commitment of the Inabima, which would be a lower interest and over the longer term also," said the official, noting that thus the educator will have a greater amount of u000acash at end of each month.

To ensure the return of the money préstado, the Inabima become agent of retention of the fee that you pay the master monthly payroll that handles this institution. teachers requesting the loan will have to undergo a financial analysis to determine whether they are in a position to cover the fee that monthly will deduct you the Inabima by the loan. Borrowed money not be awarded directly benefit master, but each of the institutions with which it has loans.

"El Inabima can break into this loan program because although it is not an institution with non-profit Yes it is required to capitalize the monies from the Fund provided by the teachers, so the loan interest rate will never be lower than the rate at which this institution has placed their certificates in the Bank", u000a"but will always be lower than that offered commercial banks," explained the Director of Inabima.

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