Post by mauserman on Jan 17, 2009 19:11:10 GMT -5
The Mexican government is launching a loan program to help its returning citizens whose American dreams have been dashed by the faltering U.S. economy.
It is offering Mexicans who are leaving because they can no longer find jobs here the chance to apply for loans to jump-start business ventures in their native country.
"These monies are available so that they don't go home empty-handed and so that they can start their own businesses when they return," said Maria Dolores Gonzalez Sanchez, a Mexican congresswoman from the state of Zacatecas.
As a member of a federal commission, she represents the interests of Mexicans living in the U.S.
Gonzalez Sanchez said the new program, featuring a variety of no-interest, low-interest and forgivable loans, is the first of its kind offered by the Mexican government.
Neither she nor other Mexican officials detailed the total amount of money that will be available. However, loans could range from $30,000 to $250,000, depending on the scope of the proposal, said Mario Espinosa Castaneda, a legal adviser to Mexico's national Human Rights Commission.
www.statesman.com/news/content/news/stories/nation/01/17/0117mexworkers.html
It is offering Mexicans who are leaving because they can no longer find jobs here the chance to apply for loans to jump-start business ventures in their native country.
"These monies are available so that they don't go home empty-handed and so that they can start their own businesses when they return," said Maria Dolores Gonzalez Sanchez, a Mexican congresswoman from the state of Zacatecas.
As a member of a federal commission, she represents the interests of Mexicans living in the U.S.
Gonzalez Sanchez said the new program, featuring a variety of no-interest, low-interest and forgivable loans, is the first of its kind offered by the Mexican government.
Neither she nor other Mexican officials detailed the total amount of money that will be available. However, loans could range from $30,000 to $250,000, depending on the scope of the proposal, said Mario Espinosa Castaneda, a legal adviser to Mexico's national Human Rights Commission.
www.statesman.com/news/content/news/stories/nation/01/17/0117mexworkers.html
