As of October 14, more than 480,000 businesses from all economic sectors received loans within the framework of
It is worth highlighting that 98% of these businesses are micro and small enterprises, which have benefited from historically low interest rates.
With additional S/30 billion (about US$8.33 billion), the second stage of the program seeks to provide liquidity at low rates to companies of all sizes, especially favoring loans to micro and small businesses.
Funds for a total of S/85.76 billion (about US$23.82 billion) in government-backed repos have been offered in this second stage (from June 30 to October 15), with S/25.26 billion (about US$7.01 billion) at an average interest rate of 1.73% having been placed for clients of financial entities.
(END) NDP/MVB