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How to apply for the new $ 10,000 Fonacot credit and in how many monthly payments will it be paid

It involves 300,000 credits of 10,000 pesos for the benefit of employees in the formal sector. (Photo: Cuartoscuro)
It involves 300,000 credits of 10,000 pesos for the benefit of employees in the formal sector. (Photo: Cuartoscuro)

Given the economic impact that the coronavirus pandemic has generated, the Institute of the National Fund for the Consumption of Workers (Fonacot) joined the support program in favor of Mexicans and with the aim of improving living conditions in the homes.

The call Ten Credit It will be destined for formal workers in the country, with a year of antiquity working in your company and that it is affiliated with the Institute.

Alberto Ortiz Bolaños, head of Fonacot, announced that it is 300,000 credits of 10,000 pesos for the benefit of employees in the formal sector.

The loan will be paid in a term of 33 months (3 years), from the three months of having been granted. In addition, it will have an interest rate of 10.1%.

The Institute will generate a folio and appointment after completing the credit application. (Photo: EFE)
The Institute will generate a folio and appointment after completing the credit application. (Photo: EFE)

How to process it?

* The interested party must generate the request in the next website: http://bit.ly/2TwvuQT

* Once there, the worker will start the financing process, writing down some information that will be requested.

* Then a folio to be saved.

* Subsequently, an appointment will be generated and will be detailed on the day on which you must appear at the branch with the aforementioned page.

At the moment there are currently 350,000 companies affiliated with Fonacot. (Photo: EFE)
At the moment there are currently 350,000 companies affiliated with Fonacot. (Photo: EFE)

Fonacot warned that employees seeking such help must comply with the following requirements:

*To have 18 years old

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* Take a year working in your current company or workplace

*To have indefinite term contract or plant

* That the Work Center where you work is affiliated to Fonacot Institute.

The Institute recommended entering the following league to see if the company to which it offers its services is affiliated or not: https://servicios.fonacot.gob.mx/InformacionGeneral/igConsultaCT.fonacot.

Otherwise, it announced that it will then be verified through the following website www.fonacot.gob.mx, where you will have to select the contact option, click on the Lada 800 mailbox and write down the name of the company, email, telephone and name of the person from Human Resources, to be able to contact her.

Employees must apply for the loan online. (Photo: Cuartoscuro)
Employees must apply for the loan online. (Photo: Cuartoscuro)

Ortiz Bolaños assured that it is a support similar to that of word loans, an initiative that benefits and has an accessible interest rate.

"They are cheap because if compared to others it is three times more expensive, an effort is being made for the best conditions," he said. Ortiz Bolaños.

After this National Palace and during the morning conference of President Andrés Manuel López Obrador, he assured that so far there are 350,000 companies affiliated with the Fonacot.

And he reiterated that all those who have not yet joined the Institute, may register through the Internet portal and only an indeterminate contract is required.

This morning, the President of Mexico, Andrés Manuel López Obradorannounced that in support of the economy of workers, companies and families, 307,000 million pesos will be dispersed, which will be deferred by at least four million loans to the floor.

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"This is very important, and the amount is important of 307,000 million pesos for four million credits. As of today, 740,000 people have received credits and 44,721 million pesos have been exercised, ”explained the Mexican president.

The president stressed that from April to May 10% of the total amount has been dispersed. These are the Credits to the Word, Solidarities from the Mexican Institute of Social Security (IMSS), Tandas para el Bienestar; ISSSTE Personal Credits; FOVISSSTE housing; Infonavit and Fonacot.

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This is how the “Relief Plan” works so that workers can defer payments promoted by Fonacot

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