Infonavit increases the amount of its loans for home improvement
The Institute of the National Fund for Housing for Workers (Infonavit) will expand the amount of the loan called Mejoravit, so applicants may request a loan of up to 125,000 pesos, when previously the maximum amount was 54,000 pesos.
This was explained by Carlos Martínez Velázquez, director general of the institute, who explained that the loans are intended so that workers can buy materials, equipment and payment for labor, to expand their homes and thus reactivate the economy in their localities.
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