Overview
- The Secretaría de Economía relaunched a footwear MiPyME financing program on July 31 with an initial 110 million pesos and loan sizes of 1 to 10 million pesos.
- Loan terms start at a 10% base rate and can fall to 8% for most borrowers or to 6% for firms with majority‑women workforces or at least 5% staff with disabilities.
- FOCIR said funds must be used for productive investment such as machinery, equipment, leasing, installation costs and working capital while Nafin offered a complementary line of up to 20 million pesos and access to a broader SME fund through 2030.
- The government paired the credit package with tariff adjustments and stepped‑up anti‑dumping and anti‑contraband controls intended to limit unfair low‑priced imports that have pressured the sector.
- The measures respond to a sharp fall in formal footwear jobs from about 77,838 in 2022 to 61,019 in 2025 and fit Plan México targets to raise domestic supply and expand SME access to financing.