LatinNews Daily - 06 October 2022

In brief: Peru’s gov’t rolls out loans for small and micro businesses

* Peru’s economy and finance ministry (MEF) has announced that it will provide up to PEN2bn (US$503.8m) in loans to small and micro-sized businesses. The loans will be available to eligible businesses in “all productive sectors”, with the government predicting that around 140,000 businesses will benefit. The MEF also stated that the loans will be available to businesses with no prior credit rating, pending checks by financial authorities. The initiative forms part of the ‘Plan Impulso Perú’ – a wide-ranging economic reactivation plan which aims to boost investment, growth and employment, and which has been praised by Peru’s chamber of commerce.

End of preview - This article contains approximately 102 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.