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Obtain a Loan at Banco del Bienestar for Your Micro Business: Easy Application Process and Eligibility Criteria

Discover how to obtain a loan at Banco del Bienestar to support your micro business.

Mexico City.- Beneficiaries of government support programs can access a loan through Banco del Bienestar.

This service is provided by Financiera para el Bienestar, with loans ranging between 6 thousand and 45 thousand pesos, intended mainly for low-income individuals who own a business not related to agriculture or livestock.

Banco Bienestar loans are granted more easily to those enrolled in pension or scholarship programs administered by the entity.

How to start the application process

To start the application process, it is necessary to visit the Financiera para el Bienestar portal, select the option corresponding to the loan, indicate the desired amount and complete the required information.

It is essential to digitize and attach the documents required by the system, such as the official identification (INE) or the interbank code.

Cuento is the highest loan granted by Banco del Bienestar

The approval process may vary, ranging from 2 to 15 days. Initially, Banco Bienestar grants a loan of 6 thousand pesos, which can be repaid in a period of 10 months with installments of 600 pesos and without interest.

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Once the first loan has been settled, users have the possibility of requesting new financing for a larger amount, up to 45 thousand pesos, maintaining the fixed installment payment scheme. The criteria to be eligible for a loan at Banco Bienestar include:

  • Be of legal age (18 years or older)
  • Own a business in operation
  • Residing in Mexico for at least 30 years at the time of application or having been part of the ‘Youth Building the Future’ program
  • Have a non-agricultural micro business with more than six months of activity

2024-01-19 08:55:36
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