NWU CONGRATULATES SMFC ON ITS 47 YEARS OF OPERATION

The National Workers Union (NWU) wishes to express its appreciation to and admiration for the St. Lucia Mortgage Finance Company Limited (SMFC) on its 47th year of operation. During that period, the SMFC has successfully executed its intended mandate of providing affordable land and housing projects for Saint Lucians, in Ravine Chabot, Independence City, La Pansee, Sans Souci, Reduit Park, Reduit Orchard and Massade to mention a few. It was just unfortunate that banana farmers, who made a significant contribution to Saint Lucia’s development by bringing in significant income, were not singled out to access SMFC’s offerings.

Given the hostile economic environment, the NWU is convinced that the role of the SMFC must be intensified. As Saint Lucia continues to depend heavily on tourism, we cannot ignore the contribution made by hotel and tourism services workers, currently over 12,000 heads. Government should move swiftly to get funding from the National Insurance Corporation at a reasonable interest repayment rate for the SMFC. These funds should fuel SMFC to continue its mandate to enable Saint Lucians, especially workers in hotel and tourism sectors to access affordable land and housing through development projects.

Share your feedback with us.

Comments are closed.

← Go Back | bbApp | Business Back to Top ↑
THE STAR Newspaper
Magazines available in THE STAR Newspaper
2nite Magazine
Sports & Health Inc
  • 2Nite Magazine TV

    2Nite Magazine's Candid Camera

    You never know where 2Nite Magazine will capture you next. You may very well be the next one 'caught on candid camera' at the next event!! If its HIP and its HAPPENING, then its in 2Nite! Hosted by: Faye-Chantelle Mondesir (Empress Faye)

    Posted by 2nite Magazine on Friday, 22 January 2016
  • Contact us via WhatsApp with news on 1 758 720 2896

    What's App
    Send us your news or contact us with your story via What's App.
  • Sound your voice and cast your ballot!

  • Poll for the week

    See all polls and results
  • TALK or VENT here!

    TALK or VENT constructively and share your feedback on our weekly news and stories. CONSTRUCTIVE talk is welcome. You have a voice with The STAR Newspaper!
    TALK or VENT constructively and share your feedback on our weekly news and stories. CONSTRUCTIVE talk is welcome. You have a voice with The STAR Newspaper!
  • Subscribe for latest news and updates

    Enter your email address to subscribe and receive latest news and updates via email.

  • The St.Lucia STAR Newspaper

  • STAR Articles