Namibia: Nhe hires debt collector to collect over N $ 35.8 million owed to clients

0


THE National Housing Enterprise has engaged Redforce Debt Collectors, as a debt collector, for a period of three years starting this month.

The housing company owes more than N $ 35.8 million to defaulting clients.

The National Housing Enterprise (NHE) is a government institution responsible for providing affordable and decent housing to Namibians, especially in the middle and lower income brackets.

Currently, the country has a housing backlog of over 100,000 units and the NHE is required to provide at least 20,000 housing units per year.

Eric Libongani, head of corporate communications and marketing for NHE, said Redforce will be responsible for collecting money owed to NHE from people who default on their mortgage loans.

“NHE hired Red Force debt collectors to help collect unpaid debts from defaulting customers. Our records show that currently the total number of defaults is 1,231. The total arrears ranging from 90 to 120 days and over stand at N $ 35,840,288, 71, “Libongani said.

Libongani said the efforts are aimed at increasing the opportunities for all Namibians on the NHE waiting list, who remain homeless, to own a home.


Share.

About Author

Comments are closed.