2023-06-18 08:02:34
BanEcuador develops entrepreneur fairs, where it presents its financial services to promote ventures. Photo: Courtesy / BanEcuador
Betty Jumbo R. Publisher (I)
BanEcuador will hold four fairs this month to inform about its financial services and expose the ventures that are financed with the 1×30 credit.
the fairs Productive Impulse began on June 15, 2023 in the city of Baños. But, the project as such started on May 25 of this year throughout the country.
In these spaces, information is given about credits and pre-opening of accounts in this state bank.
The next fair will take place this June 20 in Carapungo, in the north of Quito.
Entrepreneurs who acquired the 1×30 credit will exhibit their products financed with these resources.
The 1×30 credit for entrepreneurs
This type of financing consists of the delivery from 500 to 5,000 dollars. Your interest rate It is 1% and the payment is for a term of up to 30 years, with monthly installments.
BanEcuador reported that financial opportunities can be obtained at these fairs to promote the development of enterprises.
The third Productive Impulse fair will be on June 23 in La Menos Dos, in the south of Quito; and the last one will move to Ambato, in Parque Cevallos. It will take place on June 27.
Since this line of credit was launched, in January 2022, 87,000 operations have been made, representing 254.5 million dollars.
Financial services at fairs
The credits are delivered to artisans, micro-enterprises, entrepreneurs and artisanal fishermen.
The 1×30 program is part of the investment project Promotion of productive investment in microenterprises of the Ministry of Production, Foreign Trade, Investment and Fisheries.
Entrepreneurs can reactivate their businesses, to generate employment. In Ecuador, according to the Ministry of Production, 98% of the business fabric is microentrepreneurs, entrepreneurs or artisans.
Entrepreneur fairs
BanEcuador reports that the priority of Impulso Productivo is the economic reactivation of thousands of entrepreneurial families, to generate spaces for direct relationship between the producer and the consumer.
that way strengthens the associativity so that producers can access BanEcuador credits in better conditions, to finance the purchase of the necessary inputs in their activities.
BanEcuador indicates that the diversification of financial products is the source of sustainable development, according to the needs of each client and population segment.
The requirements to apply to 1×30
- Present the document that supports your economic activity
- National Registry of Entrepreneurship
- Unique Registry of MSMEs and Unique Craft Registry, which can be obtained through www.produccion.gob.ec.
- For the artisans who belong to the National Board for the Defense of the Craftsman, they must have their artisan title and their current qualification.
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