We continue with the second part of our series “ Growing in the future as RIF “.
On this occasion we will be focusing on the third pillar of the supports that the program “Crezcamos Juntos” includes, being these
1. Social Security
2. Mortgage Credits
3. Business or entrepreneurship Credits
Unlike the first 2, these programs are regulated by a main institution for each, IMSS and Infonavit respectively.
However, the supports offered in this 3rd category come from different government organizations.
Let’s land a little on what are the main programs offered,
- Consumer credit (Crédito para consumo)
- Credit to grow together (Crédito para crecer juntos)
- Young Credit (Crédito Joven)
- Support for business women (Apoyo a mujeres empresariales)
- Support through the Entrepreneur System (Apoyo por medio de Sistema Emprendedor)
Consumer credit
Responsible: Infonacot
These supports are designed for the workers of RIF taxpayers, which allows access to cash credits for the purchase of appliances, medical care, cars, even funeral services.
Benefits:
The amount depends on the salary of the taxpayer and the terms to pay it go from 6, 9, 12 and up to 18 months.
Requirements:
- That your employer is affiliated with the Infonacot.
- Have a minimum of six continuous months with the same employer under the RIF modality.
- Deliver the following documentation to an Infonacot branch;
- Credit application.
- Official ID
- Proof of address for the current month.
- Two personal references.
- The last 4 payroll receipts.
Contact:
- 01800 (FONACOT) 3662268
- Directory of Care Offices
Credit to grow together
Responsible: National Financial
Through this program NAFIN allows access to credit through banking institutions for the operation or modernization of the business
Benefits:
- Access to credits from $ 20,000 to $ 300,000 with a preferential rate
- With terms of 36 months if you allocate it for the operation of your business, or up to 60 months if you use it to modernize it or purchase a computer.
Requirements:
- Be registered in the Tax Incorporation Regime – RIF (submit proof of fiscal situation)
- Use the credit for the operation of your business and / or for the modernization of the furniture and equipment thereof.
- Not having negative credit history in any credit information society.
- Have an endorsement.
- Each banking institution, according to its process, will request information about your business
Contact:
01800 NAFINSA (623 4672)
Young Credit
Responsible: National Financial
In support of RIF taxpayers aged 18 to 35 who wish to grow their business through a loan NAFIN supports their growth.
Benefits:
- Credit up to 300 thousand pesos.
- Term: 36 months for working capital and 60 months for fixed assets.
- Payments: Monthly.
- No commission for opening, no penalty for prepayment.
Requirements:
- Have a year operating your business.
- Have an endorsement.
- Documentation: proof of fiscal situation, bi-monthly statements and bank statements.
Contact:
01800 NAFINSA (623 4672)
Support for business women
Responsible : National Financial
Exclusive credit for businesswomen who have a business and want to renew, modernize, equip, fix and / or expand.
Benefits:
- Amount up to 300 thousand pesos.
- No opening fee or prepayment.
- No mortgage guarantee or joint and several guarantee.
- Term up to 36 months for working capital and 60 months for fixed assets.
- Fixed rate throughout the life of the loan.
Requirements:
- Being a woman over the age of 18.
- Be enrolled in the Tax Incorporation Regime with 1 year old.
- Good credit history and keeping up with your tax obligations.
- Each financial intermediary establishes the specific documentation that applicants must deliver.
Contact:
01800 NAFINSA (623 4672)
Entrepreneurial System
Responsible : National Institute of the Entrepreneur (INADEM)
INADEM is a public body created to encourage and support entrepreneurs and micro, small and medium enterprises, in a bid to boost the national economy through innovation and entrepreneurship.
Being a public body has a large capacity of programs and calls, so the support to RIF contributors who want to improve or innovate in their MSME, is a fraction of their functions.
Benefits :
- Technological, legal and financial support to MSMEs and entrepreneurs with defined and established projects through the National Entrepreneur Fund
- Featured program: TIC Showcase
- See agenda
Requirements:
Depending on the call.
Contact:
- https://www.inadem.gob.mx/contacto/
- Citizen Attention 01800-4-INADEM [462336]
As you can see, there are different support mechanisms for different sectors, approaches and aspirations.
It is important to note that as part of basic education, a credit or loan is not an income or salary and must be duly documented in your tax file. A loan is the acquisition of a commitment that must be reinstated, which means that once the support has been received, the work has just begun.
We hope this information will help you acquire a bigger vision and that it will serve your projects and social welfare for yours and your community.
In case of having doubts, we remain at your entire disposal.
