06 April 2020 – Guaranteed working capital loans to businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Ministry of Economy and Finance of Peru will guarantee amount of up to S30,000 million for short-term working capital lonas (4% of GDP) under the “Reactiva Peru” programme.

Smaller loans enjoy larger government guarantee by percentage. The loans must fund payment of suppliers and employees.
Full details here: https://www.gob.pe/institucion/mef/noticias/112027-gobierno-crea-el-programa-reactiva-peru-para-garantizar-creditos-de-capital-de-trabajo-para-que-empresas-puedan-retomar-sus-actividades