The public development bank BanEcuador continued the delivery of 1×30 loans, with an interest rate of 1% and a term of 30 years.
The 1×30 loan is placed in coordination with the Ministry of Agriculture and Livestock (MAG) -agricultural and livestock loans-, the Ministry of Industry and Production -loans for trade, services, small industry, crafts, artisanal fishing, fish farming-, the Ministry of Social Inclusion (MIES) -with loans for trade, livestock, agriculture, small industry, services and crafts-.
To date, BanEcuador has delivered $278 million through 1×30 credit, 65% of which has targeted women. It is expected to deliver another $40 million by the end of 2023 for a total of $315 million.
Credit characteristics:
How to get a loan?
1. Record your productive activity as follows:
Documents to present
Entering a loan request
You must go to any of the BanEcuador agencies throughout the country to enter the documents for the appropriate financial analysis. The process is free and personal, without intermediaries.
Questions and answers Elections 2023
Source: Eluniverso
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