The extension of the program, which will be called Simple Quota, is a measure demanded by SMEs to sustain sales levels.
As anticipated Ambitthe Government maintained meetings with financial entities in recent days to advance in a new consumer financing program. The new program will replace Now 12 from February.
According to official sources, the Commerce secretary and the banks They hold meetings in which they are specifically defining what will be the interest rate that the program will have in this new stage.
Released in 2014 for encourage consumptionthe program Now 12 this valid until January 31 and offers 3, 6, 12, 18 and 24 installments in more than 30 itemswith a Annual Nominal Rate (TNA) of 82.50%to buy national products in fixed installments by credit card.
The program extensionwhich will be called Simple Feeis a measure demanded by SMEs to sustain sales levels and is expected to be available for main consumption items.
End of Now 12: the program figures
According to the latest monitoring report, the Ahora 12 program recorded a sales volume of $477,349 million in November 2023 and $3,429,707 million in the accumulated January-Novembera 133% more than in the same period of 2022.
He Average ticket in November was $74,223 and the items with the highest monthly sales were dress (34% share of total turnover), home appliances (23%) and construction materials (7%).
During Novemberthe program billing decreased 11% to current prices and 21% at constant prices with compared to the record month of October.
Despite this, it was located 31% and 6% by above September levels respectively.
Although it was observed a month-on-month decrease in the billing levels of the main items, the invoiced amounts were higher than those recorded in September.
The participation of financing lines Now 3 and Now 6showed in November a constant increase compared to long-term installments (Now 12, Now 18 and Now 24), which means a reduction in the use of the latter.
Source: Ambito
