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So you can get a credit of 10 thousand pesos for entrepreneurs

The Government of Mexico City will grant about 50 thousand microcredits for small businesses and to promote self-employment, and the best part is that they will have 0% interest rates

By: Newsroom HoyDinero

June 14, 2022 2:58 p.m.

MEXICO.- If you need money for your business, you will be interested to know that the Government of Mexico City, will grant credits of 10 thousand pesos through the Fund for Social Development (Fondeso).

The The Government of Mexico City will grant nearly 50,000 microcredits for small businesses and to promote self-employmentand the best part is that they will have 0% interest rates.

What are the requirements to apply for this credit?

Before acquiring this credit, you should know that it is necessary to take the basic introductory workshop on entrepreneurship and when you finish it, you should have the following documents at hand:

  • Valid official identification
  • Proof of address, valid for a maximum of three months
  • Unique Population Registry Code
  • Have a solidary obligor and present their current official identification, CURP and proof of address, valid for a maximum of three months
  • Format of your business project
  • Credit application form

How to request the credit of 10 thousand pesos?

When you have all the necessary documents, you must identify the credit that best suits your needs, to pre-register online through is the linkwhere you must select the option “fill application”.

Later you will receive a folio number with which you must go to a Fondeso module so that the staff can validate your information.

Then you will be informed if your credit was or was not approved and if it was, they will tell you what steps to follow.

With information from El Financiero.

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