CrediSelect is a microcredit that is deducted automatically from a worker's wage. This service is intended as a benefit to workers who do not qualify for loans or credit from traditional financial institutions.
Fast Approval
Lower interest rate
Fixed interest rate
No penalties
No warranties nor guarantees
Delays unlikely
Debt restructuring
CREDISELECT FOR GROUPS:
Characteristics:
Loans for groups of 12 or more women engaged in a productive activity
Loans of MXN 6,000-60,000, subject to repayment ability and age of borrowers
Joint and several guarantee
No savings requirement
CREDISELECT PLUS:
Characteristics:
For our best clients: In addition to your current group loan we grant you a
personal loan of MXN 2,000-12,000, subject to your repayment ability and age.
Joint and several guarantee
Basic requirements:
To be a current client in a CrediSelect group with a history of good payment
practices
REQUIREMENTS
- 1 YEAR WITH THE COMPANY
- SIGNATURE OF A GUARANTOR FROM THE SAME COMPANY PLUS A COPY OF THEIR OFFICIAL ID
- PROOF OF ADDRESS
- LAST 2 PAY SLIPS
- THE LOAN IS FOR 30% OF MONTHLY INCOME