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The Ministry of Innovation announced the availability of a new digital option for entrepreneurs and business owners to apply for financing for their businesses through the SimpleSV platform.
The service allows Salvadoran individuals and businesses to begin the online loan application process for various economic activities, including commerce, services, production, agribusiness, cultural activities, and other productive sectors.
Applications are managed by the Solidarity Fund for Microenterprise Families, the institution responsible for evaluating financing requirements. According to the information provided, the average processing time is up to 20 business days.
The platform aims to facilitate access to financing through a digital process that can be completed from a computer or mobile phone, allowing users to begin their application without having to visit an office.
Through SimpleSV, interested parties can take the first step toward obtaining resources that will allow them to strengthen their projects, expand their operations, acquire tools, or pursue new business growth opportunities.
The initiative is part of the efforts to digitize public services, aiming to bring procedures and financial solutions closer to more salvadorans through accessible and secure technological platforms.
With this tool, entrepreneurs and businesses have an alternative for accessing financing options more efficiently, leveraging digital channels to strengthen their economic activities.
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