Private banking will finance 300,000 entrepreneurs in response to President Maduro's request

Published at: 29/08/2024 07:13 PM

The president of Venezuela, Nicolás Maduro, applauded this Thursday the decision of private banks to provide 300,000 loans to entrepreneurs in the country, in addition to the million loans that the State will provide to this important sector that plays a leading role as generators of wealth for the nation.

“It's very good news that the request I have made to private banks adds up to 300,000 new financing for entrepreneurs and entrepreneurs in the country 300,000 plus one that comes to us,” said the Head of State at a meeting with representatives of Banking, Insurance and Securities, held at the Miraflores Palace.

He highlighted the solvency of the entrepreneurial sector. “I put my word and I put my body, I put my being for the entrepreneurs who are the best payers in the country. Among entrepreneurs and entrepreneurs, you will not find a single bad pay, the level of default on the loans or loans that have been given to the venture does not reach 1%, so the money best invested and the safest for its recovery is with entrepreneurs,” he emphasized.

Mazo News Team