Microfinance International Corporation Partners with Construmex to Help Mexican Immigrants to Finance Home Purchase in Home Country
Microfinance International Corporation (MFIC) has entered a strategic partnership with Construmex, a socially-responsible company under the CEMEX umbrella. The two companies will work together to help Mexican immigrants to finance their home improvement and home purchase in Mexico. MFIC will offer Construmex services and products at its wholly owned and operated Alante Financial branches, which offers a diverse line of financial services that are tailored to the financial needs of immigrants.
The partnership is part of MFIC’s efforts to help immigrant families to gain better access to financial services at the both sides of the remittance equation thereby improve their economic well being. Since 2006, MFIC has offered “transnational loans,” which enable immigrants to apply for and repay a loan to finance their home purchase or start of business in El Salvador. The partnership with Construmex will enable MFIC to dramatically expand the outreach in the Mexican immigrant community.
“We are delighted to partner with Construmex, which an established track record and an excellent product tailored for the Mexican community in the U.S.” said Romi Bhatia, VP, International Operations at MFIC.
“Through this new alliance entered into with MFIC, we are confident we’ll be in an even better position to help immigrants build equity, become part of Mexico’s strengthening economy and, of course, allow them to fulfill their dream,” said Andrés Montalvo, General Manager for Construmex in the United States. Construmex has helped more than 8,000 Mexican immigrants to buy or build their home in Mexico since it started operations in 2001. In addition to the purchase of a home, customers can obtain financing for construction or repair of their home through Construmex.
Alante Financial will hold a day-long information session for interested clients on August 15th and 16th at its branches in the Washington DC region and Delaware. For more information about the session, call 1-866-925-2683.
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About Microfinance International Corporation
Microfinance International Corporation is a Washington DC based private company whose mission is to make financial services available to immigrants and their families. While offering customized financial services to emigrated bread-winners through Alante Financial branches in the Mid-Atlantic regions, the company provides various services to microfinance institutions in developing countries to help them build capacity, contributing to the grass-root economic development.
Websites: www.mfi-corp.com; www.alantefinancial.com
About CEMEX and Construmex
CEMEX is a constantly growing global company providing solutions for the construction industry. It offers high-quality products and reliable service to clients and communities in over 50 countries throughout the world. CEMEX continues to benefit those it serves by constantly looking for innovative solutions for the industry, making improvements in efficiency and promoting a sustainable future.
Website: www.cemex.com
Construmex, was founded in 2001 in response to the needs of Mexicans residing in the U.S. for the purchase of new homes or remodeling their existing houses in Mexico. Construmex works with over 4,000 construction material distributors and with the 40 biggest housing development companies in Mexico, guarantees quality and delivery within the agreed timeframes.
Website: www.construmex.com
The partnership is part of MFIC’s efforts to help immigrant families to gain better access to financial services at the both sides of the remittance equation thereby improve their economic well being. Since 2006, MFIC has offered “transnational loans,” which enable immigrants to apply for and repay a loan to finance their home purchase or start of business in El Salvador. The partnership with Construmex will enable MFIC to dramatically expand the outreach in the Mexican immigrant community.
“We are delighted to partner with Construmex, which an established track record and an excellent product tailored for the Mexican community in the U.S.” said Romi Bhatia, VP, International Operations at MFIC.
“Through this new alliance entered into with MFIC, we are confident we’ll be in an even better position to help immigrants build equity, become part of Mexico’s strengthening economy and, of course, allow them to fulfill their dream,” said Andrés Montalvo, General Manager for Construmex in the United States. Construmex has helped more than 8,000 Mexican immigrants to buy or build their home in Mexico since it started operations in 2001. In addition to the purchase of a home, customers can obtain financing for construction or repair of their home through Construmex.
Alante Financial will hold a day-long information session for interested clients on August 15th and 16th at its branches in the Washington DC region and Delaware. For more information about the session, call 1-866-925-2683.
###
About Microfinance International Corporation
Microfinance International Corporation is a Washington DC based private company whose mission is to make financial services available to immigrants and their families. While offering customized financial services to emigrated bread-winners through Alante Financial branches in the Mid-Atlantic regions, the company provides various services to microfinance institutions in developing countries to help them build capacity, contributing to the grass-root economic development.
Websites: www.mfi-corp.com; www.alantefinancial.com
About CEMEX and Construmex
CEMEX is a constantly growing global company providing solutions for the construction industry. It offers high-quality products and reliable service to clients and communities in over 50 countries throughout the world. CEMEX continues to benefit those it serves by constantly looking for innovative solutions for the industry, making improvements in efficiency and promoting a sustainable future.
Website: www.cemex.com
Construmex, was founded in 2001 in response to the needs of Mexicans residing in the U.S. for the purchase of new homes or remodeling their existing houses in Mexico. Construmex works with over 4,000 construction material distributors and with the 40 biggest housing development companies in Mexico, guarantees quality and delivery within the agreed timeframes.
Website: www.construmex.com