As announced by the directors of the Financing Fund for Mining (FOFIM).
It began with the socialization cycle of the new Operating Regulations for Loans; with the objective of informing about the new loan conditions so that these financings are accessible to all the mining cooperatives associated with their parent entity.
The president of the FOFIM Board of Directors, Mauricio Guzmán Mujica, stated that it is a premise of the Government to support responsible mining activity in order to achieve greater economic reactivation in the country.
“After the economic crisis resulting from the pandemic and the 2019 coup, our president of the Plurinational State of Bolivia, Luis Arce; He has entrusted us to help and work on new financing policies to reactivate the economy,” said Guzmán.
In his turn, the executive general director of FOFIM, Juan José Palacios, stated that all requests will be addressed in the directory and that; In addition to the loan service, personalized technical assistance is provided to each cooperative.
“This technical assistance does not end once the loan is obtained, on the contrary, all the time we will be married; because if the credit applicant cooperative does well, it will be much easier to comply with the payment plan established in its financing.
Socializations that have been carried out to date in the Departmental Federation of Mining Cooperatives of Cochabamba, FEDECOMIN – Cochabamba, FERECOMINORPO RL, El Progreso Mining Cooperative KAMY RL and in the Departmental Federation of Mining Cooperatives of the department of Chuquisaca.
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