Businessmen and merchants from Córdoba support the measures of Llaryora's government

porEditorial Team

Argentina

Various entities expressed their support for the launch of Córdoba Impulsa, the program presented by the Governor's team

The entities representing Cordoba's commerce supported the launch of Córdoba Impulsa, the program presented by Governor Martín Llaryora that combines interest-free installments with the Cordobesa card and a Bancor credit line of $20 billion for working capital.

The president of the Córdoba Chamber of Commerce, Sebastián Parra, emphasized the weight of the sector in the provincial productive structure.

"Cordoba's commerce is the driving force of Córdoba's economy. We account for 40% of Córdoba's gross geographic product, 47% of jobs, and 57% of Cordoban companies," he stated.

"Today we are more active than ever. That’s why we are participating in the launch of these financing credit lines to make purchases and sales in stores more accessible, and also to boost working capital," Parra detailed.

Córdoba Impulsa: reach in the interior

From the Córdoba Federation of Commerce (FEDECOM), which brings together nearly 80 chambers from the interior of Córdoba, its president Fausto Brandolín emphasized that the initiative "is the result of a joint effort" with the Ministry of Production, Bancor, the Córdoba Chamber of Commerce, and the federation itself.

"It is very important for the Government to promote this type of actions. We represent nearly eighty chambers from the interior of the province, and these announcements will benefit businesses throughout Córdoba," Brandolín affirmed, noting that financing is a tool that extends beyond merchants and also reaches families that need access to products and services.

Formal consumption and financing

The president of the Supermarkets Chamber, Mario Moreno, focused on the role of credit as a support for formal activity.

"It is a great initiative because, undoubtedly, credit in any commercial and economic activity is what sustains the activity. So, a supermarket that has the necessary legality and the appropriate banking line benefits us all," he stated.

Moreno also highlighted that the sector has been working for some time with the Secretariat of Commerce, the Chamber of Commerce, and Bancor, and valued that the provincial Government supports the sector's demands in a context where, he said, "the different economic situation of the country is either providing or taking away credit."

Córdoba Impulsa

Córdoba Impulsa is carried out by the Ministry of Production, Science, and Technological Innovation, Bancor, the Córdoba Chamber of Commerce, and FEDECOM.

The program includes six interest-free installments with the Cordobesa card—in a first stage in supermarkets and pharmacies—and a Bancor credit line of up to $10 million per business, with a final subsidized rate of 33% TNA, aimed at financing working capital.