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Message: Guayana Regional Fund has recovered Bs.F 22 million in bad loans
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Guayana Regional Fund has recovered Bs.F 22 million in bad loans
Ciudad Guayana, Mar. 20 ABN .- More than 22 million strong bolivar debts for credit for projects of small and medium industry has recovered the Guayana Regional Fund (FRG) for the management of the Minister of People's Power for Basic Industry and Mining, Rodolfo Sanz.
This is what the chairman of the Committee administering the fund, Cruzbelia Sanz, who noted that this amount relates to debt and interest on loans to entrepreneurs and industrial projects presented in the Amazonas, Bolivar and Delta Amacuro during 10 years existence of this body.
Moreover, Sanz urged the beneficiaries of credits of that body to catch up with its obligations to the FRG.
"We need the support of all our borrowers to continue to promote and support projects in the construction of the new socio-productive in the country with the aim of boosting economic, technological, educational and productive as a means of promoting Jobs in the Region of Guyana, "said Sanz.
He explained that the recovery of debts owed is the result of policy implementation Review, Correction and reinvigorate that has the Bolivarian government agencies such as the FRG, which were created with the intention of funding directly to small and medium industrial country strategic projects to give added value to raw materials produced by the Corporación Venezolana de Guayana (CVG) and guided their businesses.
"This review process includes a technical-financial analysis of all loans made during the ten year history of the fund," he explained.
I urge all borrowers to honor commitments to the institution to achieve the high rate of delinquencies in the receipt of the administration of the Regional Fund for the Region of Guyana a year ago.
He stressed that the recovery of funds will allow the agency responsible for funding other projects both industrial and agricultural, tourism and services provided by individuals and cooperatives across the Guayana region.
"The main beneficiaries of this debt will be the truly enterprising organized in Cooperatives, Associations, Small Business of Social Production (EPS) for activities that encourage, promote and integrate the country's economic development within Construction of the new socio-productive that led President Hugo Chávez Frías, "said the official.
Ciudad Guayana, Mar. 20 ABN .- More than 22 million strong bolivar debts for credit for projects of small and medium industry has recovered the Guayana Regional Fund (FRG) for the management of the Minister of People's Power for Basic Industry and Mining, Rodolfo Sanz.
This is what the chairman of the Committee administering the fund, Cruzbelia Sanz, who noted that this amount relates to debt and interest on loans to entrepreneurs and industrial projects presented in the Amazonas, Bolivar and Delta Amacuro during 10 years existence of this body.
Moreover, Sanz urged the beneficiaries of credits of that body to catch up with its obligations to the FRG.
"We need the support of all our borrowers to continue to promote and support projects in the construction of the new socio-productive in the country with the aim of boosting economic, technological, educational and productive as a means of promoting Jobs in the Region of Guyana, "said Sanz.
He explained that the recovery of debts owed is the result of policy implementation Review, Correction and reinvigorate that has the Bolivarian government agencies such as the FRG, which were created with the intention of funding directly to small and medium industrial country strategic projects to give added value to raw materials produced by the Corporación Venezolana de Guayana (CVG) and guided their businesses.
"This review process includes a technical-financial analysis of all loans made during the ten year history of the fund," he explained.
I urge all borrowers to honor commitments to the institution to achieve the high rate of delinquencies in the receipt of the administration of the Regional Fund for the Region of Guyana a year ago.
He stressed that the recovery of funds will allow the agency responsible for funding other projects both industrial and agricultural, tourism and services provided by individuals and cooperatives across the Guayana region.
"The main beneficiaries of this debt will be the truly enterprising organized in Cooperatives, Associations, Small Business of Social Production (EPS) for activities that encourage, promote and integrate the country's economic development within Construction of the new socio-productive that led President Hugo Chávez Frías, "said the official.
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