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6/25/25, 10:34 AM UAE Offers Loan Extension to Support Elderly Caregivers
UAE Offers Loan Extension To Support Elderly Caregivers

Post By : Bandanpreet Kaur

Photo: ABu Dhabi Media Office
The Family Development Foundation (FDF) And The Abu Dhabi Housing Authority (ADHA), Working Closely With The Department
Of Community Development – Abu Dhabi (DCD), Have Introduced A Helpful New Service. It Allows People Who Take Care Of Their
Elderly Parents To Extend Their Housing Loan Repayment Period By Up To Five Years.

This New Option Is Part Of The Barakatna Initiative. It Was Launched By His Highness Sheikh Mohamed Bin Zayed Al Nahyan, The
President Of The UAE, To Support Families And Help Them Take Better Care Of Their Elderly Members.

The Goal Of This Service Is To Reduce The Monthly Loan Payments For Caregivers, Giving Them More Financial Freedom. This
Way, Children Can Care For Their Aging Parents At Home Without Worrying Too Much About Money.
His Excellency Abdulrahman Al Baloushi From The Family Development Foundation Said That This Plan Brings Different
Government Departments Together To Help Families And Make Life Better For Older People. He Also Said That By Supporting
Caregivers, The Service Encourages Strong Family Values And The Deep Respect Emiratis Have For Their Elders.
This Initiative Helps Families Play A Bigger Role In Taking Care Of Older Members. It Teaches Everyone That Caring For Elders Is A
Shared Duty. Giving Caregivers The Tools And Time They Need Also Shows That Senior Citizens Are Valuable Members Of The
Family And Society.

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