According to figures from the National Institute of Statistics and Geography (inegi), in Mexico 36% of small and medium enterprises (SMEs) are headed by women. However, only 13% of these have access to bank financing.
To address this problem, and in line with the commitment to promote financial products and services with a gender and inclusion perspective, HSBC México presented his programwomen to the world”, the first comprehensive offer in the country focused on meeting the needs of female entrepreneurs and business leaders.
And it is that in addition to financial products and services under preferential conditions, this program includes other pillars such as training and support for businesswomen.
“At HSBC Mexico we want to support women entrepreneurs, from the owner of a small or medium business and the independent professional, to the majority shareholder of a corporation. We have identified their most pressing needs in the country and designed a proposal focused on meeting them, in line with our commitment to the Ministry of Finance and the Association of Banks of Mexico, to promote financial products and services with a gender perspective and financial inclusion”, said Jorge Arce, president and CEO of HSBC Mexico.
“Mujeres al mundo” is a program created in HSBC Argentina in 2019, which has transcended borders and has expanded to Uruguay and now to Mexico.
four pillars
According to Dalila Gutiérrez, director of business and investment banking and insurance at HSBC México, the program is based on four pillars: financial services, training, contact networks and connectivity.
The comprehensive offer is made up of different products and services, depending on the needs of the broad spectrum of activities of women who have their own business or company in the country.
Thus, as far as financial products and services are concerned, there are credits with a preferential rate of 100 base points or commission discounts on financing, depending on the size of the company; surcharge on investments, depending on the amount to be invested; and improvements in the existing conditions to facilitate the adoption of payment with Point of Sale Terminals.
Also, individual life insurance for the key woman in the company, training, contact networks and connectivity.
“With ‘Mujeres al mundo’ we seek that more businesswomen in Mexico can access better financing conditions, but also more contact networks and digital tools to grow their business, incorporating new means of payment and means to make their sales”, Dalila Gutierrez pointed out.
He commented that today 32% of the bank’s client base are women, and what is wanted for this year is double-digit growth, so that of 100% of the amount that is going to be placed in 2022, more than 35% will come from credit to women.
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