Scholarships and financing: how to process social aid in Mexico

  • Jul 26, 2021
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Currently, due to the economic ravages caused by the pandemic that we have experienced from the beginning of 2020 until today, there are many aid programs by the federal government that can be processed.

Since scholarships and funding To keep businesses and organizations small, the AMLO government has decided to take measures to counteract as much as possible the negative economic effects that the world is going through today. country.

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If you want to know more about the social benefits in Mexico and how to process them, keep reading this post where we are going to explain it to you.

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In this article you will find:

Social aid programs in Mexico

Through the Ministry of Welfare, the government of Mexico has a series of programs that are intended solely for

support populations that have been marginalized or are economically lagging compared to other regions.

Regardless of whether they are requested by families or individuals, access to these programs has simple requirements so that they are easily accessible to anyone:

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Sowing Life

This program seeks address poverty problems within rural areas, as well as environmental degradation. Their main objective is to convert the communities of this sector into a more strategic and effective one for the development of Mexican fields.

The application requirements are:

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  • Be of age.
  • Living in rural areas, specifically in municipalities with social backwardness.
  • Be possessors or owners of at least 2.5 ha, which can be arranged to work in agroforestry projects.

The word

This is the name of this social project that seeks provide financial support to micro-businesses that are solely family-based.

The application requirements are:

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  • Be previously registered in the Wellbeing Census.

Welfare Pension for People with Disabilities

As can be seen from its name, it is a program that helps girls, boys and adolescents who have some permanent disability, although recently young people up to the age of 29 and the indigenous population up to the age of 64 were included years.

The application requirements are:

  • To be in the ages already mentioned.
  • Have a permanent disability that prevents you from having a normal working life.
  • Have a bank account with a card.

Wellness Line

Although it is not a financial aid program, it is extremely important, since it serves to clarify the doubts that are had regarding the pensions or social benefits delivered by the government. They have a fairly long hours of operation, including weekends and holidays.

Scholarship programs in Mexico

On the other hand, scholarships in Mexico They are considered important since a large part of the population has no way to face what this implies at an economic level. Among the scholarships that are still in force today are:

Fulbright Mexico

It is a commission between Mexico and the United States, created in order to carry out cultural and educational exchanges. This can be done through scholarships funded by the government of both countries, offering study programs of all kinds including research and postgraduate studies for graduates.

Orange Tulip Scholarship Mexico

East higher education program Hollandaise in Mexico offers scholarships especially to Mexicans who are interested in pursuing bachelor's or master's degrees in the Netherlands. It has a partnership with 28 Dutch universities and offers more than 90 scholarships annually.

Scholarship Foundation in Mexico

This independent educational institution is one of many that seeks to support academic training in Mexico and others. Latin Americans who wish to do postgraduate programs abroad within the fields of politics, culture, science and economical.

SME financing programs

Although the federal administration eliminated several of the support funds for SMEs, there are still some loans and credits for SMEs that remain in force:

Bancomext Instruments

A program that is aimed at medium and small companies that import and export, and that promote the sales market abroad or are related to the generation of foreign exchange.

Development credits

The government of Mexico City launched a call where they announced that this program will offer around 10 different types of credit. This seeks to raise the productivity and economy capacities of the capital of the country.

National Financial

The lack of liquids is often caused by late payments by customers, in order to correct this type of obstacles NAFIN offers this program where they provide immediate liquidity to anticipate the payment of bills for charge.

All these foundations, credits and scholarships in Mexico They are extremely important, thanks to them the less economically fortunate part of the population has access to certain facilities to be able to carry day to day in a better way.

In addition, they allow the opportunity for academic training and entrepreneurship that benefit the country.

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