The Peruvian Federation of Municipal Savings and Credit Banks (Fepcmac) proposes that the Government allocate S/1,000 million to leverage micro and small businesses (mypes) through the savings banks. The union considers that the measures proposed in Impulse Peru Y With Punche Peru they are “a little isolated” from the reality of the companies. It was also recalled that 90% of businesses in Peru are mypes and generate 80% of national employment.
“The first measure that we propose to the Government is to take out a leverage fund of at least S/1,000 million to lend the mypes some S/10,000 million that they need as working capital. Second measure, a portfolio purchase program of at least S/5,000 million. There are people who cannot pay their loans, not because they don’t want to, but because they can’t, like the people who got into debt for the Christmas campaign and didn’t sell because the economy is at a standstill,” explained the president of Fepcmac, Jorge Solís.
He explained that this proposal, which has already been presented to the president Dina Boluarte and the Minister of Economy and Finance, Alex Contrerasmust be accompanied by a subsidy of S/500 million, which is known as the good payer bonus, according to the Impulso Myperu plan.
This will allow interest on loans to be lowered, “If these measures are not implemented, the country will break, and we are at risk of going back 30 or 40 years,” Solís emphasized.
The president of Fepcmac pointed out that the mypes are the main users of the boxes and, therefore, they know this sector well, they have more information and more logistics necessary to reach them, whether formal or informal.
Source: Larepublica
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