MinCIT lanza nueva línea de crédito para micronegocios que no han accedido a préstamos formales

TL;DR

The 'A Pulso' credit line is a new financial instrument for micro-businesses and popular economy units in Colombia.
It aims to reduce dependency on informal financing schemes like 'paga diario'.
Credits can be up to six minimum legal wages, with beneficiaries able to access the line twice.
The line offers interest rate reductions of at least 5% and capital relief of up to 5% for certain operations.
Eligibility requires being a legal resident of Colombia, over 18, within specific Sisbén IV groups or with low income, and having no recent credit history.
Automatic guarantees of 70% are included, aiming to reduce risk for financial intermediaries and beneficiaries.
A gender focus provides an additional 5% capital relief for women completing financial education courses.
The government emphasizes the importance of the Popular Economy and providing it with secure and accessible financial instruments.

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