The Confederation of Employers of the Mexican Republic in Mexico City (Coparmex CDMX) partnered with Avantthya, a Popular Financial Society (Sofipo) specialized in mortgage-backed loans, to improve access to financing for entrepreneurs and small and medium-sized enterprises (SMEs). The agreement was signed by the president of Coparmex CDMX, Adal Ortiz Ávalos, during a business meeting with the national leader of Coparmex, Juan José Sierra Álvarez. María de Lourdes Arias Enríquez, president of the Entrepreneurship Commission of Coparmex CDMX, emphasized that this alliance will offer the organization's members financial products with preferential conditions.
Arias Enríquez mentioned: "In the Entrepreneurship Commission, we have sought alliances with financial institutions, and since I took over the presidency, we have affiliated a financial institution every month; we have five in process, but this month we affiliated with Avantthya." Coparmex CDMX members will have access to a savings and investment product with an annual interest rate of 14%, backed by a guarantee trust that ensures the safety of investments.
Rogelio Barrios Mena, legal representative of Avantthya, stressed the importance of financial regulation in resource collection and placement. Barrios Mena explained that Avantthya, as a Sofipo, complies with regulations and is supervised by the National Banking and Securities Commission (CNBV), ensuring the provision of financial products with high safety standards. Additionally, the alliance with Coparmex CDMX will allow members to access loans with competitive rates, such as bridge loans and SME loans, at a rate of 20%.
The goal of the agreement between Coparmex CDMX and Avantthya is to strengthen the offer of financial solutions aimed at entrepreneurs, business owners, and members of the business organization to promote economic development and the consolidation of businesses in Mexico City, thereby encouraging job creation and stimulating commerce and investment in the region.
