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Fondo Social para la Vivienda (FSV) closed august with a delinquency rate of 1.95%, maintaining over 98% of its loan portfolio in good standing. This figure was highlighted by Housing minister Michelle Sol, who noted that these results reflect the compliance of salvadorans who have acquired housing through FSV financing.
The delinquency rate measures the proportion of loans with overdue payments relative to the total portfolio. Therefore, a level of 1.95% means that most loans are current, representing a relevant indicator of families’ payment behavior.
During the first eight months of the year, the rate showed monthly variations. In january it stood at 1.82%, decreased to 0.83% in february, increased to 1.86% in march, and fell again to 0.85% in april.
Subsequently, the delinquency rate increased in may, reaching 1.96%, while in june it climbed to 2.01%, the highest level recorded during the period. In july, it decreased to 1.97% and finally closed august at 1.95%.
Although the indicator has fluctuated throughout the year, the august result remains around 2%, a benchmark the minister highlighted to underscore the performance of the FSV’s loan portfolio. According to Sol, this figure demonstrates the responsibility of families who maintain their financing commitments to acquire their homes.
The official also emphasized that a portfolio with low delinquency levels allows the FSV to maintain the recovery of the resources allocated to loans. This is important because the recovered funds can be reused to finance new loans for families seeking to purchase homes.
The portfolio’s performance also contributes to the FSV’s ability to continue facilitating access to housing. The institution combines loan origination with payment recovery, allowing it to maintain a flow of resources for new financing.
With a delinquency rate of 1.95% recorded in august, the FSV maintains the majority of its portfolio out of arrears and closes this period with an indicator that, according to authorities, reflects favorable payment behavior among housing loan recipients.
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