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Sheinbaum Delivers Trust-Based Microloans to Amuzgo Artisans in Xochistlahuaca

Trust-based ApoyArte loans pair zero-interest financing with cooperative sales support to sustain Amuzgo textile traditions.

Overview

  • Financiera para el Bienestar reported about 6,000 credits delivered from roughly 11,000 applications, totaling around 170 million pesos toward a 500 million peso goal.
  • Créditos a la Palabra provide up to 30,000 pesos per beneficiary at zero interest with extended repayment terms and no burdensome paperwork or intermediaries.
  • The rollout targets five Amuzgo municipalities across Guerrero and Oaxaca: Xochistlahuaca, Tlacoachistlahuaca, Ometepec, San Pedro Amuzgo and Santa María Ipalapa.
  • INAES said it will help form cooperatives and create commercialization channels so artisans can sell at fair prices in national and international markets.
  • Officials emphasized preserving the huipil and waist-loom weaving while ensuring women artisans can earn a living from their work, with the governor lauding them as cultural ambassadors.