Fonacot Director, Remember There Are Cash Credits

Shows employees how to apply for loans

By Miguel Alvarado Valle

The Institute of the National Fund for the Use of Workers (Fonacot) in Zacatecas, has received a favorable response regarding the credits it offers, highlighting the advantages these represent for affiliated workers.

Jesús Christopher Tovar Gutiérrez, the state director of Fonacot in Zacatecas, pointed out that the interest rates are regulated by the competitive institution, with a minimum annual rate of 8.9% for credit aimed at women.

This rate is very low compared to other financial options on the market, because on average, the interest rates they handle are higher than 20%, depending on the type of credit and the specific conditions of the applicant.

He pointed out that Fonacot has evolved in recent years, going from being seen as an entity that offered loans mainly to acquire furniture and white goods, to consolidating itself as a financial institution that provides provide cash loans.

Tovar Gutiérrez confirmed that this change has been essential for Fonacot employees to see it as a versatile option to obtain financing, not only for consumer goods, but also to face emergency situations or do personal projects.

He explained that Fonacot currently offers three types of credit: cash credit, cash women’s credit and credit for victims, indicating that this diversity of financial products aims to widen access to the benefits that the institution offers, not only to state employees. of Zacatecas, but also to employees of affiliated companies in other sectors.

He noted that during the month, more than 900 people have received a Fonacot loan in Zacatecas, with an amount that exceeds 40 million pesos, hoping that by the end of the month, the figure will reach 50 million pesos, adding to the annual situation. a goal of 400 million pesos.

Finally, he said, to get to the credit of Fonacot, the main requirement is that the company is connected to the institution, which is required by law. If a company is not connected, it can do the registration process in a simple way through an online portal.

Once connected, employees can request a loan by presenting four basic documents: official identification, proof of address, payment receipts and a bank account to transfer the credit.

The Institute of the National Fund for the Use of Workers (Fonacot) in Zacatecas, has received a favorable response regarding the credits it offers, highlighting the advantages these represent for affiliated workers.

Jesús Christopher Tovar Gutiérrez, the state director of Fonacot in Zacatecas, pointed out that the interest rates are regulated by the competitive institution, with a minimum annual rate of 8.9% for credit aimed at women.

This rate is very low compared to other financial options on the market, because on average, the interest rates they handle are higher than 20%, depending on the type of credit and the specific conditions of the applicant.

He pointed out that Fonacot has evolved in recent years, going from being seen as an entity that offered loans mainly to acquire furniture and white goods, to consolidating itself as a financial institution that provides provide cash loans.

Tovar Gutiérrez confirmed that this change has been essential for Fonacot employees to see it as a versatile option to obtain financing, not only for consumer goods, but also to face emergency situations or do personal projects.

He explained that Fonacot currently offers three types of credit: cash credit, cash women’s credit and credit for victims, indicating that this diversity of financial products aims to widen access to the benefits that the institution offers, not only to state employees. of Zacatecas, but also to employees of affiliated companies in other sectors.

He noted that during the month, more than 900 people have received a Fonacot loan in Zacatecas, with an amount that exceeds 40 million pesos, hoping that by the end of the month, the figure will reach 50 million pesos, adding to the annual situation. a goal of 400 million pesos.

Finally, he said, to get to the credit of Fonacot, the main requirement is that the company is connected to the institution, which is required by law. If a company is not connected, it can do the registration process in a simple way through an online portal.

Once connected, employees can request a loan by presenting four basic documents: official identification, proof of address, payment receipts and a bank account to transfer the credit.