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Lafarge boosts Nigeria’s housing stock with Easy Home Scheme

By Franklin Alli

LAFARGE Africa Plc, a member of LafargeHolcim Group, weekend, revealed that its housing scheme christened Easy Home introduced three years ago,has boosted Nigeria’s housing sector as 30,000 Nigerians have become home owners, just as the scheme has made 445,000 people landlords globally.

Vanguard Homes & Property learned that the housing scheme which is financed through local micro finance banks -Lapo, Fortis and Letshego, is for low income earners, those earning between N20, 000 to N300, 000 per month and who want to build their own homes within three months to two years.

Speaking at a media round-table on “Affordable Housing “, organised by Lafarge in Lagos, Mr. Aurelien Omowale Boyer, said : “Lafarge has been helping Nigerians at the bottom of the pyramid, and who have keyed into the scheme, to become their own landlords.

“Globally 445,000 people benefited in 2016, and when we zoom on Nigeria, over 30,000 persons have benefited from the initiative. Our target is to impact about 25 million people by 2030, he said.

He urged Nigerians who have land to develop and who have stable income to service the loan, to subscribe to the scheme and achieve their dream homes.

“Lapo micro finance bank provides the money at 1.63 per cent of the loan per month, he said.

Folashade Ambrose -Medebem, Communications & Public Affairs Director, Lafarge, added that the scheme was introduced by the company to help address the country’s housing deficit which is put at over 17 million housing units.

According to her, apart from individuals, Lafarge Easy Home has helped business owners such as schools, clinics, bakeries, barbers, etc to build business structures, thus creating an opportunity for these businesses to generate billions of Naira and create employment.

Fielding questions on the criteria to access the loan, she said: “A deed of agreement or transfer showing that you are the owner of the landed property and proof of income are the necessary criteria. This is fully the responsibility of the micro finance banks. “


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