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Government grants loans to small entrepreneurs

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

The president and Porfirio Peralta delivered loans to Marielena Oviedo de Ramos, benefited with 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 general director, Porfirio Peralta, informed that he has a commitment with the government, to contribute to the development of MSMEs and the creation of jobs.

He recalled that this year 2022, Abinader decreed the government of Mipymes.Peralta highlighted the impact of the micro and the great efforts of the entrepreneurs of Cotuí, that generate jobs. The general director of Promipyme highlighted that the delivery of loans benefited 244 medium-sized small entrepreneurs in the Sánchez Ramírez province. In that order, he informed that Promipyme has placed some 323 million to Cotuisanos, benefiting 3,000 small entrepreneurs.

mission to transform

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

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“We will not leave you alone; we will continue to strengthen them, and all those who meet their loans and pay up to 70% have the opportunity to re-engage their loans “, he added. During the delivery of loans, held in the Geology Hall of the Juan Sánchez Ramírez Polytechnic Institute, the Minister of the Presidency, José Ignacio Paliza, was also present. The table of honor 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.

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creation

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

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

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