31 million pesos in loans granted to micro, small and medium-sized companies in Mexico City

by times news cr

2024-07-15 23:34:50

The head of government, Marti Batres led the eighth installment of credits from the Fund for Social Development (Fondeso) 2024, to support micro, small and medium-sized enterprises.

At the award ceremony, at the Venustiano Carranza sports center, 3,020 financial supports were awarded for a total amount of 31 million 307 thousand pesos.

This support is basically aimed at those who are dedicated to self-employment and micro and small businesses.“, explained the Secretary of Economic Development in his participation, Fadlala Alabanidetailing that with the eighth installment 36,304 credits have already been granted in 2024with an equivalent of 365 million pesos.

You might be interested in: Congress must decide the timing of the election of judges: Sheinbaum

In his speech, the capital’s leader recalled that the program was created during the administration of the current president. Lopez Obradoras head of government, with the transformation of an Economic Fund into a Social Development Fund.

“From 2003 to 2018, that is, during the 15 years since the program was founded, 234 thousand Fondeso credits were delivered, and in this administration 269 thousandwhich means that more loans were granted in this administration than in all the previous ones together,” he said. Batres.

In his participation, the Secretary of Economic Development detailed that of the total credits delivered in the current administration, 65 percent correspond to women entrepreneurs and micro-entrepreneurs in the capitalwith the aim of reducing the gender gap.

You might be interested in: Parents of children with cancer demand that the Sheinbaum government guarantee access to health

Face to September A total of 1,000 units will be delivered 500 million pesosequivalent to the fund’s annual budget.

“We are evaluating the new team that will come in from the doctor Clara Brugada have the opportunity to carry out a delivery exercise, that is an assessment that the head of government will make so that he can start his administration by exercising part of this year’s Fondeso budget,” Fadlala said.

DG

2024-07-15 23:34:50

You may also like

Leave a Comment