Carlos Martínez, director general of the Institute of the National Fund for Housing for Workers (Infonavit), explained that between May 1 and 10, another 6,708 formalized loans are registered. Carlos Martínez, general director of the Institute of the National Fund of Housing for Workers (Infonavit), announced at a press conference that between January and April 125 thousand 101 loans for housing have been delivered, which is equivalent to a dispersion of resources by 56 thousand 233 million pesos.
To these credits, we must add the partial data reported between May 1 and 10, where an advance of 6 thousand 708 formalized loans was already observed, this represents an economic spill of 3 thousand 245 million pesos. The director of Infonavit recalled that the borrowers have various protection measures against COVID-19. “The first of these is that, in case of unemployment, Infonavit will cover the credit payment for up to three months without any charge, the second measure is that the borrowers may request a three-month extension, where the credit will not generate interest and the frozen balance will remain, ”he said. As of May 13, 118 thousand 810 borrowers have already received one of these two supports to protect their assets.
In addition, 18,281 companies have already received some type of support from the institute to preserve employment. This type of aid consists in the fact that the payment of contributions by non-accredited personnel may be deferred, for up to four months. On the other hand, Agustín Gustavo Rodríguez, executive member of FOVISSSTE, pointed out that the traditional credit “2020 scoring system” complied with the release of 100 percent of credit applications. The program registered 83 thousand 260 participants, 31 thousand 260 credits were granted, an economic spill was reported for 17 thousand 949 million pesos, which generated 299 thousand 759 direct and indirect jobs. On another matter, Zoé Robledo, general director of the Mexican Institute of Social Security (IMSS), reported that until May 14, 157,279 applications have been approved to acquire a solidarity loan of 25,000 pesos.
Of the total number of applications approved, funds have already been deposited for 137,343 beneficiaries, which represents an advance of 88 percent. The solidarity word credit program extended, as of May 13, its reach for domestic and independent workers. On their first day of registration, 916 applications were approved for domestic workers. Robledo recalled that the goal of credits for solidarity entrepreneurs is 645 thousand 102 loans, for domestic workers it is 22 thousand 300 supports and for independent workers it is 23 thousand 717 credits. Meanwhile, the Ministry of Economy announced that the word credit program has already activated and dispersed resources in 186 thousand 195 bank accounts, which meant a dispersion of resources for 4 thousand 654 million pesos. As of today, this program registered an advance of 18.6 percent, since the goal is to grant one million credits.
Source: El Financiero