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20Twenty to offer first inflation-linked home loans
['Shania Lazarus']
The Namibian
20Twenty Financial Solutions has secured funding through an issued note of N$92 million.
The funding will allow the company to offer Namibia’s first inflation-linked home loans.
An inflation-linked home loan’s installment only increases once a year.
20Twenty Housing Solutions chief executive Gideon Cornelissen says the note is only the second sustainability-linked note issued in Namibia and the first to be inflation-linked“This issuance represents more than a funding milestone for 20Twenty.
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