Our Future Plans & Programmes

The Foundation also facilitates acquisition of houses from agencies or property developers that offer such houses for sale.

  1. Establishment of Micro Finance Bank:

    As a result of the success of the MCLS, NAFF has engaged the service of a consulting firm to register and operate a Micro Finance Bank (MFB) to serve primarily uniformed personnel, their families and other catchment area civilians. The MFB will perform all the banking activities approved for MFBs and also extend on the limited capacity of the MCLS. The only collateral required to benefit from this scheme is salary (personnel and civilian).

  2. Establishment of Primary Mortgage Institution:

    The Foundation is planning to set up a Primary Mortgage Institution (PMI). To actualize this, the Foundation introduced a VMC Scheme in order to generate fund to pay the mandatory deposit required by the approving authority. The NAFF PMI when fully established will be able to offer mortgage facilities to both serving and retired personnel. The same consultant for the MCLS is working on the NAFF PMI Project

  3. Establishment of Education Trust Fund/Asset Management Portfolio:

    The NAFF intends to set up an Education Trust Fund (ETF) to enable parents save for their wards. The ETF will provide supportive educational fund for children of Air Force personnel either serving, retired or deceased. Another new facility being introduced is the Asset Management Portfolio (AMP), where its subscribers will be advised on investment opportunities within the NAFF, Public and Private Sectors etc.