Since 2005, the Industrial Credit Fund (FONCREI) body attached the Ministry of People's Power for Communal Economy (Minec) has granted 257 000 000 667 000 strong bolivar socio credit unions across the country.
the agency's president, William Fariñas said: "FONCREI responds to a State's policy and to date has invested in loans, in the last three years, more than 250 million Bolivars, the partner country's productive units in tourism projects. "
In 2005, FONCREI allocated a total 235 credits for entrepreneurs, with an investment of 79 million 336 thousand strong bolivar, which has allowed the generation of productive employment 10 000.
For 2006, the government body granted 369 loans, amounting to 154 000 000 485 000 bolivars, for a total of 756 direct jobs and, in 2007, approved 68 loans, with a total investment of 23 million 845 000 Strong Bolivars.
Moreover, Fariñas has said that FONCREI been increasing their participation and contribution to national tourism sector, in order to stimulate the endogenous development of the Venezuelan people.
"The tourism sector accounts for 20% of our portfolio, a successful policy not only in terms of governance of tourism in Venezuela, through the Tourism Ministry (Ministry of Popular Power for Tourism), but public financial investment with high rates of return, and a very healthy rate of return for our institution, "he said.
stressed further that the appropriations are aimed at entrepreneurs, socio units and small and medium industries (SMIs) that are built in different areas of tourism, such as: crafts, inns, transportation, meals, lodging, among others.
"Beyond the investment, we are forming a national tourist network of small and medium entrepreneurs belonging to organized communities across the country. This is effort Venezuelan men and women who are investing in the tourism sector, offering a comprehensive service to all users, "said Farina.
the agency's president, William Fariñas said: "FONCREI responds to a State's policy and to date has invested in loans, in the last three years, more than 250 million Bolivars, the partner country's productive units in tourism projects. "
In 2005, FONCREI allocated a total 235 credits for entrepreneurs, with an investment of 79 million 336 thousand strong bolivar, which has allowed the generation of productive employment 10 000.
For 2006, the government body granted 369 loans, amounting to 154 000 000 485 000 bolivars, for a total of 756 direct jobs and, in 2007, approved 68 loans, with a total investment of 23 million 845 000 Strong Bolivars.
Moreover, Fariñas has said that FONCREI been increasing their participation and contribution to national tourism sector, in order to stimulate the endogenous development of the Venezuelan people.
"The tourism sector accounts for 20% of our portfolio, a successful policy not only in terms of governance of tourism in Venezuela, through the Tourism Ministry (Ministry of Popular Power for Tourism), but public financial investment with high rates of return, and a very healthy rate of return for our institution, "he said.
stressed further that the appropriations are aimed at entrepreneurs, socio units and small and medium industries (SMIs) that are built in different areas of tourism, such as: crafts, inns, transportation, meals, lodging, among others.
"Beyond the investment, we are forming a national tourist network of small and medium entrepreneurs belonging to organized communities across the country. This is effort Venezuelan men and women who are investing in the tourism sector, offering a comprehensive service to all users, "said Farina.
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