[RESUMEN] Press conference Credits to the word: IMSS Ministry of the Economy from the National Palace: technical report supporting 2,000 pesos for the coronavirus in Mexico Monday, May 4, 2020 | World


Latest news Credits to the word | The increase in cases due to COVID-19 in Mexico has led the federal government to decide to provide an economic support of 2,000 pesos to small and medium-sized companies.

The conference will be chaired by the Secretary of Economy, Graciela Márquez Colín, and will be performed LIVE from the National Palace, hours before the technical report of the Undersecretary of Health Hugo López-Gatell.

YOU CAN SEE: Credit to the word in Mexico: how to access the benefit of 25 thousand pesos for SMEs

Report Credits to the word Mexico | Monday May 4, 2020

See again the conference of the report on the credits to the word for coronavirus in Mexico from the National Palace in charge of the Secretary of Economy, Graciela Márquez Colín.

18:46 Carlos Martínez, director of Infonavit, presents the Shared Responsibility Program

This initiative consists of the reconversion of credits, which ceased to be minimum wages. In addition, a discount was made on the debt of the contributors for a total of 258,000 pesos. In addition, a fixed rate in pesos and a monthly fixed payment were placed on the credit of each account holder.

“That way, people knew when they were going to finish paying their debt,” said the director of Infonavit.

18:39 First draw for the loan to Issste pensioners

Luis Antonio Ramírez, from the Issste, stressed that the first draw for loans for pensioners has already been held. In this line, he detailed that 165,765 possible beneficiaries were registered, of which 32,222 winners out of a total of 672,300 that will be raffled throughout the year came out today.

18:35 Components of the acceptance letter

The manager lists the characteristics of the acceptance letter that the beneficiary will receive when obtaining a solidarity credit. In this sense, he explained that said letter will include the barcode with an account activation folio, the commitment and the instructions for receiving the support.

18:29 Main factors of rejection of transfers

Mejía affirmed that the main factors that affected the bank transfer were the excess in the limit of payments allowed in the month, blocked accounts, among others.

18:25 Omar Mejía, sub-treasurer of the federation, takes the floor

The official explained that in terms of IMSS loans, 26,508 have already been dispersed, transfers made directly from the treasury to the beneficiaries’ bank accounts.

Of this total, 98.9% have already received their solidarity credit and only 1.1%, that is, 296 transfers, were rejected.

Progress in the delivery of credits to the floor in Mexico. (Photo: Capture)

18:21 Only one credit per person

Regarding the double credit applications that have been registered, the head of the Ministry of Economy made it clear that only one Solidarity Word Credit will be granted for each microentrepreneur.

18:17 Dispersion of the million Credits to the Word for the Census of Well-being

Graciela Márquez specified that little by little the gap is closing towards one million loans, since 867,210 beneficiaries have already been identified, which represents an advance of 86%.

18:14 New mechanism to update the CLABE account.

The director of the IMSS pointed out that applicants who erroneously capture the data of the banking institution, must enter the IMSS platform to modify their CLABE account.

Procedure to modify the bank CLABE of the applicants of the credit to the floor. (Photo: Capture)

18:10 Solidarity Credit to the Word applied to the tourism sector

Tourism generates around 821,000 throughout Mexico, of this total 12% is part of a micro-business of 1 to 10 workers. In this regard, Zoé Robledo invited small businesspeople dedicated to the tourism industry to request their credit.

18:07 Amount disbursed to beneficiaries

Zoé Robledo explained that 2,257.3 billion pesos have been disbursed so far, which represents an injection to small economies, which often have to pay payrolls or arrears.

Disbursement of the solidarity loan to the floor in Mexico. (Photo: Capture)

18:04 Zoé Robledo presents the report of the Solidarity Credit to the Word

The director of the IMSS stated that the goal is to deliver 645,102 loans of 25,000 pesos to the same number of solidarity entrepreneurs who did not fire their workers in the first three months of the year.

So far, 117,143 credits have already been approved, of which 90,294 beneficiaries have already been deposited.

Accumulated report of solidarity credit to the word in Mexico. (Photo: Capture)

18:00 Graciela Márquez begins the conference on word credit.

The head of the Ministry of Economy presents Agustín Rodriguez, member of Foviste; Luis Antonio Ramírez, director of the Issste; Zoé Robledo, director of the IMSS; Carlos Martínez Velásquez, CEO of Infonavit; and Omar Mejía, deputy treasurer of the federation.

What are the 25 thousand pesos word credits?

As part of the support for the health crisis that it is going through Mexico, President Andrés Manuel López Obrador will deliver a million credits to the floor for an amount of 25 thousand pesos; which will be delivered from May.

YOU CAN SEE: Coronavirus in Mexico [EN VIVO] Today, Monday, May 4: death toll reaches 2,154

How will the credits of 25 thousand pesos be distributed?

The credits will be distributed as follows:

  • 50% in municipalities in metropolitan areas such as Mexico City, Guadalajara, Puebla and Monterrey.
  • 30% will go to 86 municipalities in the south southeast of the country.
  • 20% in the rest of the Mexican Republic.

The credits will be paid with a term of three years and a grace period of three months, that is, the beneficiaries will be able to start paying from the fourth month.

Who will be able to access the word credit of 25 thousand pesos?

The essential requirements to access the 25 thousand peso credit are:

  • Be registered in the register of the Secretary of Welfare.
  • The most affected areas in your economy will be taken into account.

In which banks will the loans of 25 thousand pesos be paid to the floor?

The banks that will serve as intermediaries for the payment of credits to the floor are Banorte, Banco Azteca and Santander.

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