Luanda — A credit for teachers agreement, estimated at 2.5 billion kwanzas, was signed last Tuesday, in Luanda, between the Sol bank and the Teachers Pension Scheme (CPP).
The protocol, which enters into force on Wednesday (Sept. 07), is intended to dignify Angolan teachers and will focus on credit grants in areas like housing, cars and consumption.
According to the agreement, the refunding of the credits is to be done in four years for consumer credit, five years for car credit and thirty years for housing credit.
On the occasion, the CEO of Sol bank, Coutinho Miguel, explained that the construction of a society of equity and inclusion requires development of human capital, as a fundamental element for any change.
He then stressed that the agreement will contribute to the improvement of the lives of those citizens who have a great responsibility to train and educate people.
On his turn, the chairman of the CPP, Miguel Flávio Bongo, said that the agreement will serve to hold frequent dialogue and, at the same time, will gave is expected to have a real and effective impact on the lives of teachers, including their respective families.