Clara Brugadahead of Government of Mexico City, led the delivery of more than 25 million pesos in credits for 2,444 economic projects in Mexico city.
the head of the Fund for Social Advancement (Fondeso), Daniela Corderospecified that the amount of support granted amounts to 25 million 376 thousand pesos for economic activation, which will be dispersed in a total of 2 thousand 444 credits to people who approached the space in their charge, in citizen hearings or by through the House by House program.
“We say yes to all of you because you are part of the entrepreneurs who generate the true economic well-being of the city,” said the Secretary of Economic Development,Manola Zavalza,who added that 63% of the beneficiaries are women heads. of family.
The head of Government highlighted that small and medium-sized businesses make up 90% of the economic units of the capital, which is why she explained that it is these spaces that support the capital’s economy, so that the Government’s task is to support and strengthen them.
“We need support so that the projects work, so that they have a market, because they can have production, but we have to accompany that project and plan it with you and move forward successfully so that for every 10 credits that are given, the days are prosperous,” he assured. Brugada.
He announced that they will create a specialized area for those who are going to start a business so that they are not thinking about what they are going to eat, in addition to providing seed capital for these people and to move forward with those projects that are already underway.
The credits granted will range from 2 thousand pesos to 50 thousand pesos, whose amounts will respond to the needs of each beneficiary and their economic projects.
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Interview with Daniela Cordero: Driving Economic Empowerment in Mexico City
Interviewer: Time.news Editor
Expert: Daniela Cordero, Head of the Fund for social Advancement (Fondeso)
Q: Thank you for joining us today, Daniela. We’ve seen a significant initiative recently where over 25 million pesos in credits were allocated for economic projects in Mexico City. Can you tell us more about this program and its objectives?
A: Thank you for having me. The program aims to stimulate economic development in Mexico City.We are distributing 25 million 376 thousand pesos to support 2,444 economic projects that were proposed by individuals during citizen hearings or through our House by House program. our goal is to empower local entrepreneurs,particularly small and medium-sized businesses,which are crucial for the cityS economy.
Q: It’s impressive that 63% of the beneficiaries are women heads of family. How does this program support female entrepreneurs specifically?
A: We prioritize female entrepreneurship because thes women often reinvest their earnings back into their families and communities. By providing access to credits without imposing unnecessary burdens, we aim to uplift women-led enterprises and ensure they have the resources to thrive. This initiative is part of a broader commitment to gender equality in economic support.
Q: Clara Brugada mentioned that small and medium-sized businesses account for 90% of economic units in the capital. Why is this vital for the local economy?
A: Small and medium-sized enterprises (smes) are the backbone of our economy. They create jobs, drive innovation, and foster community development. By supporting SMEs,we promote economic resilience and ensure that the wealth generated stays within the community,leading to a more sustainable and inclusive growth model.
Q: You emphasized the importance of not just providing credits but also supporting the projects to ensure their success. Can you elaborate on that?
A: Certainly. While providing financial support is crucial, we also need to ensure that these entrepreneurs have the guidance and tools necessary to succeed. We are establishing a specialized area focused on supporting new businesses. This area will offer resources and mentorship to help entrepreneurs effectively plan their projects, access markets, and overcome challenges, allowing their businesses to flourish.
Q: What kind of financial support can beneficiaries expect from these credits?
A: The amounts provided will vary based on the specific needs of each entrepreneur and their projects, ranging from 2,000 pesos to 50,000 pesos.This tailored approach ensures that every participant receives the appropriate level of support to kickstart or enhance their business.
Q: what advice would you give to aspiring entrepreneurs in Mexico City looking to secure funding and succeed in their ventures?
A: My advice would be to actively participate in community programs and be vocal about their needs and ideas. Engage with government initiatives, like our credits program, and do not hesitate to seek guidance.We are committed to collaborating with you, so it’s essential to outline your project clearly and work on a solid plan. Remember, supported entrepreneurship leads to economic prosperity not just for individuals but for the entire community.
Interviewer: thank you, Daniela, for your insights and for outlining the vital role that initiatives like this play in economic development and empowerment in Mexico City.
A: Thank you for having me.It’s a collective effort, and I look forward to seeing the positive impact of our initiatives in the community.