Awarded for Financing the Most Social Interest Housing

For the third year running, Banco de Desarrollo Rural, S.A. (BANRURAL) has been honored with the Golden Award by the Institute of Guaranteed Mortgage Financing (FHA). This prestigious accolade acknowledges BANRURAL's leading role in securing the largest volume of social interest housing within the FHA system.

This consistent recognition highlights BANRURAL's deep commitment to fostering family development in Guatemala. A significant factor contributing to this success is the nation's Preferential Interest Law for Housing Access (LIP). This law enables thousands of Guatemalan families, including formal and informal sector workers, independent professionals, and remittance recipients, to access financing under favorable conditions, making homeownership a reality.

Juan Luis Fonseca, the general manager of BANRURAL, accepted the award, emphasizing the institution's historical dedication to Guatemalan families. "Receiving this award for the third consecutive year fills us with pride and confirms we are on the right path," Fonseca stated. "Behind every financed home is a family fulfilling the dream of owning their own dignified home. We will continue to promote housing access in every corner of Guatemala, as we know it is one of the most transformative investments a family can make."

The construction sector focused on housing is a key priority for BANRURAL's credit operations due to its direct impact on family well-being and economic stimulation. Guatemala faces a demand for approximately 2.2 million housing units, a challenge BANRURAL actively addresses through its nationwide presence. This latest award reinforces BANRURAL's position as a leader in social housing finance and a vital partner in Guatemala's development, dedicated to closing the housing gap and building a more stable future.

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Receiving this award for the third consecutive year fills us with pride and confirms we are on the right path. Behind every financed home is a family fulfilling the dream of owning their own dignified home. We will continue to promote housing access in every corner of Guatemala, as we know it is one of the most transformative investments a family can make.