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BAC’s commitment to SMEs reflects its triple positive value strategy that impacts the economic, social and environmental spheres.
In the framework of Microenterprises, Small and Medium Enterprises (MSME) Day, celebrated on June 27, BAC announced the launch of “Mujer Casa BAC”, an exclusive financial product for women entrepreneurs in El Salvador. Designed based on feedback from the “Mujer Acelera” program and international technical assistance reports, the product aims to improve the quality of life and assets of women entrepreneurs, facilitating access to housing finance.
The product is targeted at women business leaders, both natural persons and legal entities, with a minimum of 5 years of business experience. “At BAC, we continue to reimagine banking through innovative products that bring a triple positive value to our customers. ‘Mujer Casa BAC’ allows access to housing finance under more convenient conditions, improves the quality of life of families and strengthens the assets of women entrepreneurs,” said Martha Bolaños, BAC Marketing and Sustainability Director.
The “Mujer Casa BAC” credit offers an excellent opportunity to buy a home, providing an amount of up to 300,000 USD for the purchase of a new or pre-owned home. Beneficiaries can finance up to 90% of the value for a term of up to 25 years with differentiated interest rates. In addition, the appraisal is free of charge, giving customers greater access to their home with greater ease and convenience.
BAC increases the productivity and competitiveness of women-led companies through training, business consulting and financing, such as the “MI EMPRESA PROPEMI BAC” and “Mujer Acelera” programs. This new financial solution aims to close the gap in financing new and secondary housing, empower women entrepreneurs and promote gender equality.
In addition to this new credit line, BAC is also providing advice through “Mujer Acelera” as part of its triple positive value strategy. The program has trained more than 4,100 women entrepreneurs and provided more than 22 million in loans through “Mujer Podemos+”, supporting the development of small and medium-sized enterprises led by women.
For more information on “Mujer Casa BAC” and other innovative solutions, visit www.baccredomatic.com.
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