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Mathematical Modeling the Public Contract-Savings Scheme for Housing

Daniel A. Akume


We review the housing-finance transactions at Cameroon’s State-sponsored housing fund, Credit Foncier du Cameroon (CFC), and propose a mathematical model to improve on the current practice. To the best of our knowledge, the existing literature on CFC does not cover this area. We find out that the savings contract is in actual fact a financial option on an amortization swap.


Capital, member, contract, Building Society.

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