More than 7,000 small and micro business owners and self-employed workers applied for loans and handouts just hours after the Jalisco government published the regulations for its coronavirus-related economic relief program, according toRuben Masayi González Uyeda, coordinator of the Jalisco Industrial Chamber (Consejo de Cámaras Industriales).
Funds from the one-billion-peso ($US41.3 million) package will be split between small and micro businesses (450 million pesos) and the self-employed working in the informal economy (450 million). The remaining 150 million pesos will be reserved to “protect the incomes” of farmers and workers in the corn production sector. Jalisco produces nearly two million tons of corm (maiz) annually.
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