The government provides loans to small entrepreneurs

Some 41.5 million pesos in loans were granted yesterday Friday in the municipality of Cotuí by Porfirio Peralta, director general of the National Council for the Promotion and Support of Micro, Small and Medium Enterprises (Promipyme), in collaboration with the President Luis Abinader.

The president and Porfirio Peralta granted loans to Marielena Oviedo de Ramos, benefited from 230,000 pesos; Julio Cesar Flores, 400,000; Zenaida Vicente Jimenez, 700,000; Juan Carlos Guerrero, 1.5 million; Julio Damian Padilla Alonso, 1.8 million; Leonardo Galán 5.0 million. In his speech, the Director General, Porfirio Peralta, informed that he had made a commitment to the government to contribute to the development of MSMEs and job creation.

He recalled that this year 2022, Abinader decreed the government of Mipymes. Peralta highlighted the impact of micro and the extraordinary efforts of Cotuí entrepreneurs, which generate jobs. The general manager of Promipyme pointed out that the granting of loans has benefited 244 small and medium entrepreneurs in the province of Sánchez Ramírez. In this order, he informed that Promipyme had placed some 323 million in Cotuisanos, helping 3,000 small entrepreneurs.

mission to transform
Promipyme is not only an institution to provide loans, but also to promote the transformation of the sector, Peralta said.

“We will not leave you alone; we will continue to strengthen them, and all those who respect their loans and repay up to 70% have the opportunity to renew their loans,” he added during the handover of the loans held in the room of geology of the Polytechnic Institute Juan Sánchez Ramírez, the Minister of the Presidency, José Ignacio Paliza. The head table was made up of President Abinader, José Ignacio Paliza, Porfirio Peralta, Governor Cristiana Rodríguez, Minister of Youth, Rafael Feliz, Senator Ricardo de los Santos, Minister without Portfolio Geanilda Vásquez, Bienvenida Lazala, Mayor of Cotuí. Luis Delgado, National Treasurer.


The Promotion and Support Program for Micro, Small and Medium-Sized Enterprises (Promipyme) was created by decree 238-97 of May 16, 1997, to promote the efficiency, modernization and growth of this sector, by promoting their contributions to the national economy. economy.

Promipyme helps MSMEs to improve the productive efficiency of this sector, transforming it into a wealth multiplier.

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