Support will mitigate impact of COVID-19 on state economic activity
With an initial bag of 238 million pesos, Governor Carlos Miguel Aysa González launched the Impulso NAFIN + Campeche program that will grant financing ranging from 50 thousand pesos to five million pesos to support the activity of the comercial area, services and industrial sectores, that contribute to the preservation of jobs in the entity during the health emergency due to COVID-19.
This afternoon, at a meeting held in his Government Palace offices, the state governor meant that this is a historic measure that responds to the proposals of the peasant productive sector, by immediately making available fresh resources to curb the negative impact that has caused the coronavirus pandemic.
«We ratify our commitment to support them in the midst of a very difficult economic situation, since business activity is not only vital for development, but also to preserve the peace of a society, due to the jobs it generates,» said the head of the State Executive. .
The plan offers MSMEs financing that varies between 50 thousand and up to 2.5 million pesos, with a preferential interest rate of 13.9 percent; These will be granted without guarantee and with a grace period of up to six months. For amounts of 2.5 million to five million pesos, the policies of each participating bank will be apply.
The Ministry of Economic Development (Sedeco), through the 2% Trust on Payroll and Bancampeche, will coordinate the program with Nacional Financiera and the participating banks BBVA Bancomer, Citibanamex, Santander and Banorte. Funding requests will be received through these institutions.
With this economic plan, the State Government contributes more than 15 million pesos in guarantees through the 2% Trust on Payroll, to boost resources 15 times.
The governor explained that this sources of financing is in addition to the Contingent Credit COVID-19 program that Bancampeche operates and for weeks they have been giving loans without guarantees, with a grace period and the lowest interest rate in the market.
The meeting was attended by the General Secretaries of the Government, Pedro Armentía López; of Economic Development, Ricardo Ocampo Fernández, and of Health, José Luis González Pinzón.
Translated by Patricia Rubio
