ISmall-Business.net

Intelligent Business Solutions

  • Home
  • Strategy
    • Small Business Strategy
      • Combining Niches to Maximize Profit Potential
      • High Ticket Versus Volume Niche Selection
      • How to Know When to Cut a Business or Niche Loose
      • Never Put All Your Eggs in One Basket
    • Sales Strategy
      • Facebook Networking Versus Paid Advertising
      • Brainstorming a Successful Sales Funnel
      • Best Practices for Profitable List Building
      • Backend Sales Strategy Tips
      • A Better Way to Use Webinars for Profits
      • Creating a Welcome Email That Makes Money
    • Production Strategy
    • Human resource strategy
  • Management
    • Business action plan
      • 7 Things to Send JVs to Get Them Onboard
      • Don’t Make JV Promises You Can’t Keep
      • How to Host a Challenge and Maximize Profits
    • Small Business Management
      • Putting Profit Tasks First During Time Management
      • How Self Doubt Sabotages Your Financial Success
      • Repurpose Your Content to Save and Make Money
    • Business Management Topics
      • Fighting the Stigma of Failure
      • Figuring Out the Perfect Launch Date and Time
      • Bonus Creation That Catapults You to Leaderboard Domination
      • Do Customers Prefer Video or Text Courses
      • Minimize Your Risk of Refunds with These 5 Tips
      • How Often Should You Email Promo Material
      • Narrow Niche Domination
      • Perfecting the Launch Process for Increased Profits
    • Business Management Blogs
      • Nobody Expects a Perfect Expert
  • Ideas
    • Find business ideas
      • 5 Lucrative Non IM Niches
      • 6 Niches That Are Hot on Social Networks
      • Are PLR Stores a Viable Way to Make Money
      • How to Know If a Membership Site Is Right for You
    • Idea feasibility
      • How to Make Money Off a $7 Product
      • Recurring Income Options
    • 10 top business ideas
      • Could Coaching Bring in More Money Than Products
      • Individual Coaching Versus Group Coaching Profits
      • Building a Reputation as a Powerful Affiliate
      • Pinterest Profit Niches
    • Low cost business ideas
      • Making Money Off eBooks and Reports
  • Valuation
    • Business Valuation
    • Increase business valuation
      • Making Wise Investments in Tools to Further Your Business
    • Business Valuation Methods
    • Understand business valuation
  • About
    • About Me
    • Blog
    • Contact Us
    • Sitemap
    • Privacy Policy
  • Strategy
  • Supply Chain
  • Customer Focus
  • Entrepreneur
  • Biz Opportunities
You are here: Home / Entrepreneur / Rappi and Banorte launch ´RappiContigo´, a program that will allocate credits to businesses and restaurants affected by the pandemic

Rappi and Banorte launch ´RappiContigo´, a program that will allocate credits to businesses and restaurants affected by the pandemic

January 16, 2021 by Asif Nazeer Leave a Comment


Both companies formed an alliance in which they want to offer up to MX $ 250 million in loans for working capital.


January
16, 2021

3 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


Banorte and Rappi launched a plan called ´RappiContigo´ , which will have 250 million pesos to grant loans for working capital to businesses and restaurants in the Mexican Republic that are allied with the delivery application.

It should be mentioned that each assigned credit has a ceiling of up to one million pesos. The foregoing in order to provide support to the sector, which has been widely affected due to closures and a decrease in allowed diners, due to the coronavirus pandemic.

“This program seeks to benefit thousands of businesses with credits to continue their operation and thus prevent them from closing their doors permanently,” said the institution through a statement transmitted through its Twitter account.

Image: @GFBanorte_mx

It should be noted that this financing option will be available from January 15 , they invite businesses and restaurants that are already allies of Rappi México to register in the ´RappiContigo´ program on their portal, in which they have the possibility of request credit for working capital, without charging a commission for opening and with preferential conditions, in accordance with what they indicate in their publication.

Juan Miguel Guerra, general director of RappiPay Mexico , specified through said statement, “We want to help our restaurant partners, a group very affected by the pandemic, to reconfigure themselves to flourish once again, protecting sources of employment and delighting their customers. ”.

“For Banorte, the most important thing is that we continue to support each other in difficult times from Mexican to Mexican, as we have done since the pandemic began. For this reason, we now stand in solidarity with businesses and restaurants that need a boost to get ahead. We will continue to work closer than ever to companies and families in the country ”, commented José Francisco Martha, General Director of Payment Methods, Digital Banking and Technology at Grupo Financiero Banorte.

For his part, Alejandro Solís, General Director of Rappi Mexico, concluded the statement by mentioning, “At Rappi we maintain an unwavering commitment to Mexico and the restaurant sector. The pandemic caused by Covid-19 has meant great challenges for that industry, which is why, since its inception, we have implemented various actions focused on minimizing the economic impact for our partner restaurants. RappiContigo is one more of our actions, which we know will help our allies to move forward ”.

In case you are interested: WhatsApp postpones the update of the privacy policy due to the flight of users





Source link

Filed Under: Entrepreneur

About Asif Nazeer

My current sphere of interest is Internet Marketing - Worked for many years in finance and banking. I now consult for small businesses and starts ups. Also involved in venture capital for new companies.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign up for our newsletter and receive a free EBook on how to boost productivity






Find it

Blog By

Small Business Consultant and Accountant helping grow your small business Read More…

Follow us online

  • Email
  • Google+
  • LinkedIn
  • Twitter

Recent Posts

A Beginner’s Guide – Running Your Business

Featured image by Kindel Media via Pexels Many factors contribute to the … [Read More...]

  • 2023 Beginner’s Guide – Marketing
  • Desktop Fiber Laser Engraving Machines and Their Uses – Business
  • How to Rebuild a Business Hit with Water Damage – Business

Archives

  • February 2023 (1)
  • January 2023 (5)
  • December 2022 (5)
  • November 2022 (8)
  • October 2022 (7)
  • September 2022 (6)
  • August 2022 (6)
  • July 2022 (13)
  • June 2022 (11)
  • May 2022 (7)
  • April 2022 (8)
  • March 2022 (12)
  • February 2022 (8)
  • January 2022 (11)
  • December 2021 (9)
  • November 2021 (10)
  • October 2021 (11)
  • September 2021 (3)
  • August 2021 (10)
  • July 2021 (12)
  • June 2021 (5)
  • May 2021 (10)
  • April 2021 (17)
  • March 2021 (40)
  • February 2021 (39)
  • January 2021 (58)
  • December 2020 (66)
  • November 2020 (59)
  • October 2020 (38)
  • September 2020 (47)
  • August 2020 (37)
  • July 2020 (2)
  • May 2020 (1)
  • April 2020 (1)
  • March 2020 (33)
  • February 2020 (25)
  • January 2020 (20)
  • December 2019 (27)
  • November 2019 (28)
  • October 2019 (34)
  • September 2019 (38)
  • August 2019 (13)
  • July 2019 (44)
  • June 2019 (40)
  • May 2019 (58)
  • April 2019 (51)
  • March 2019 (43)
  • February 2019 (44)
  • January 2019 (43)
  • December 2018 (47)
  • November 2018 (43)
  • October 2018 (58)
  • September 2018 (44)
  • August 2018 (60)
  • July 2018 (49)
  • June 2018 (58)
  • May 2018 (54)
  • April 2018 (39)
  • March 2018 (46)
  • February 2018 (48)

Biz Opps

Featured image by Kindel Media via Pexels Many … [Read More...]

As companies continue to intensify efforts to … [Read More...]

Featured image from Unsplash Laser devices can … [Read More...]

Customer Focus

First published in Exchange, the magazine of the … [Read More...]

Entrepreneurs

Uptown Cheapskate is a resale store for young … [Read More...]

A team of neuroscientists in the United States … [Read More...]

This article was translated from our Spanish … [Read More...]

Strategy

If you buy something through our links, we may … [Read More...]

In helping celebrate Black History Month, Facebook … [Read More...]

ZOHO started its current Email Marketing Basics … [Read More...]

Supply Chain

Although managing inbound shipping can be … [Read More...]

© Copyright 2015 iSmall-Business.net · All Rights Reserved · Powered by ISmall-Business.net · Admin