80.6 F
Friday, July 30, 2021

Tourism companies offered credit lifeline

Recent headlines

Looking to buy ceramics? Look no further than Ticul

When entering the town on the road from the nearby town of Muna, you will notice a string of several shops ceiling ceramic crafts, plates, ornaments, and pots. 

Building in Mérida: Permits and contracts for the historic center

In Mérida, construction permits are different depending on the area in which you’re building. As the Centro Histórico is one of the most popular neighborhoods for newcomers, there are some technical — and legal considerations to keep in mind.

People of Homún awarded Lion Heart award for their fight against pig farms

The recognition comes as Homún continues to fight against pig farms which locals say produce dangerous levels of pollutants that seep into their groundwater. 
Yucatán Magazine
Sign up for the Yucatán Roundup, a free newsletter, which delivers the week's top headlines every Monday.

José Manuel López Campos, president of the National Chamber of Commerce, Services and Tourism (CANACO SERVYTUR) of Mérida. Source: CANACO SERVYTUR Merida

Merida, Yucatan — Companies statewide in the tourism industry have access to a credit, with a $140 million peso fund announced by the Program for Economic Development and Employment Promotion.

The president of the National Chamber of Commerce, Services and Tourism (CANACO SERVYTUR) of Mérida, José Manuel López Campos, stressed that tourism is a key industry for the region’s economy. The fund is intended to give tourism companies better odds to survive the ups and downs of the industry.

López Campos highlighted the interest of the state government to bring resources to companies in this sector, even for the smallest and from all corners.

He recognized that some businesses often do not develop because one of the main obstacles they have to overcome to grow is access to financing.

This program promises them the opportunity to access credit on better terms with fewer requirements, with lower rates and the granting of guarantees by NAFINSA, that assumes its rightful role as a development bank, he said.

More news

Girls pawn their house to pay for mother’s funeral

Social media helped attract attention to the young sisters who sold their home to pay for their mother's funeral. Photo: Courtesy

Snack time: The best of Yucatán’s botanitas

While some of the snacks on offer in Yucatán are easily recognizable to newcomers, others may seem a little more exotic.

At 112, ‘Don Chep’ was Yucatán’s oldest man — or maybe not

Jorge Durán y Coral celebrated his 112th birthday earlier this year. Photo: Courtesy Family and friends said their...

New delays and ‘unforeseen’ rains delay the reopening of the paso deprimido

If you had been looking forward to zooming under Mérida’s Paso Deprimdio underpass this summer, we have some bad news.