An opportunity for entrepreneurs in the apparel and textile sector of the City of Buenos Aires and the metropolitan area.
The microcredit program of the Civil Association Social Link is aimed at designers and workshop textiles and apparel with limited access to adequate funding because of the requirements and bank fees. Is a nonprofit initiative to grow innovative enterprises with potential to generate decent jobs.
Most of the projects supported by the program are led by young people who need to improve their activity in different ways. For example, some people use microcredit to experience specific textile patterns or developments and there are others who used to purchase machinery, supplies or raw materials.
Since the program seeks to micro-credits are a useful tool, with substantially lower rates to the bank and as the concrete possibilities of each entrepreneur. So, you work in a personalized way and loans between 2000 and 10,000 pesos, which can be renewed as business development and business strategy of the enterprises.
In this first year of the program and were awarded more than 60 microloans totaling $ 274,000. According to Gabriela Miranda says, referring to one of the Social Link: "The return of these microcredit is being perfect, that is, until now all the people involved in the project returned in full the loan they received. This gives us examples of commitment and solidarity capacities sector and encourages us to continue working on the same line. "
The program has technical support from the Foundation for the Knit and is funded by the National Committee for Microcredit (CONAMI), entity of the Ministry of Social Development's Office whose function is to promote access to credit for small businesses .
Most of the projects supported by the program are led by young people who need to improve their activity in different ways. For example, some people use microcredit to experience specific textile patterns or developments and there are others who used to purchase machinery, supplies or raw materials.
Since the program seeks to micro-credits are a useful tool, with substantially lower rates to the bank and as the concrete possibilities of each entrepreneur. So, you work in a personalized way and loans between 2000 and 10,000 pesos, which can be renewed as business development and business strategy of the enterprises.
In this first year of the program and were awarded more than 60 microloans totaling $ 274,000. According to Gabriela Miranda says, referring to one of the Social Link: "The return of these microcredit is being perfect, that is, until now all the people involved in the project returned in full the loan they received. This gives us examples of commitment and solidarity capacities sector and encourages us to continue working on the same line. "
The program has technical support from the Foundation for the Knit and is funded by the National Committee for Microcredit (CONAMI), entity of the Ministry of Social Development's Office whose function is to promote access to credit for small businesses .
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