Ultimately all consumers must decide for themselves which lending arrangements offer the most benefits based on their individual circumstances. Property refurbishment – Traditional i.e. For a short-term period, the buyer will own two homes. Bridging funds are collateral-based and short term, for needs that may span a few months or up to a year.
Wu Zhong, Secretary General of FCSSC, expressed his expectations: "This partnership effectively leverages the respective advantages and characteristics of each Party: the extensive network and experience of development cooperation from the UNDP, the precise demands from Africa and the specialized platform for production capability utilization and development financing. I believe this will become a model that adds to the successful cases of South-South Cooperation." Three separate MOUs were also signed between the FCSSC and governments of Djibouti, Nigeria and Senegal respectively, who will benefit from immediately support from the Made in Africa Initiative. The agreements were signed during the backdrop of the newly established Sub-Forum on Poverty Reduction under FOCAC building on the Africa-China Poverty Reduction and Development Conference, which has been an important platform for dialogue and experience sharing between African countries and China since 2010. This year, the forum focused in particular on how to align African countries' future poverty reduction strategies with the recently adopted post-2015 development agenda. The partnership signing signals the beginning of a fruitful relationship between the three parties, but more importantly UNDP's strong commitment to support China's South South Cooperation to help African countries achieve sustainable, dynamic and inclusive growth as best as possible. UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone.