Payment Facilities
Microcredits for Wellbeing Programme (Microcréditos para el Bienestar (Tandas para el Bienestar))
Date announced
3/23/2020
Start date
5/4/2020
Date of last update
17-08-2022
Description
Expansion and adjustments of the programme in response to COVID-19. For example, a three-month grace period will be provided, with a repayment period of up to three years (loan amounts vary depending on multiple factors) and new credits will be provided.
90-01-20: The delivery of programme support was expedited in order to address the effects on economic activity of the health emergency measures.
Official Sources
Presidencia de la República (09-01-20) "Informe de Gobierno 2020-2021" [https://presidente.gob.mx/wp-content/uploads/2021/09/TERCER-INFORME-DE-GOBIERNO-PRESIDENTE-AMLO-01-09-21.pdf]
Secretaría de Bienestar (08-17-20). "Secretaría de Bienestar invierte más de 174 mmdp en favor de la población vulnerable". [https://www.gob.mx/bienestar/prensa/secretaria-de-bienestar-invierte-mas-de-174-mmdp-en-favor-de-la-poblacion-vulnerable]
Secretaría de Bienestar (07-27-20). "Programas de la Secretaría de Bienestar llegan a 9 millones de personas". [https://www.gob.mx/bienestar/prensa/programas-de-la-secretaria-de-bienestar-llegan-a-9-millones-de-personas].
Secretaría de Economía (04-23-20). "Ante la pandemia del coronavirus, fortalece Gobierno Federal apoyo a pequeños negocios". [https://www.gob.mx/se/articulos/ante-la-pandemia-del-coronavirus-fortalece-gobierno-federal-apoyo-a-pequenos-negocios]
CONEVAL (2020), "La política social en el contexto de la pandemia por el virus SARS-CoV-2 (COVID-19) en México" [https://www.coneval.org.mx/Evaluacion/IEPSM/Documents/Politica_Social_COVID-19.pdf]
Characteristics of the measure
Type of measure
Payment facilities (6)
Sphere
Containment of user spending (7)
Target population
Small business owners who live in municipalities of medium, high and very high degrees of marginalization. (1) (3) (7) (9) (10) (15)
Informed coverage
It is expected that 450,000 new credits will be granted.
Delivery method
Cash or in-kind
Frequency / duration
Once
Place of delivery
Home delivery
Recipient Registration System
Formar parte del Censo del Bienestar (realizado por el gobierno federal desde 2018)
Responsible Institution
Secretariat of Economy (Secretaría de Economía)