I’m gonna start another riot asked: The Mexican government is launching a loan program to help its returning citizens whose American dreams have been dashed by the faltering U.S. economy.
It is offering Mexicans who are leaving because they can no longer find jobs here the chance to apply for loans to jump-start business ventures in their native country.
“These monies are available so that they don’t go home empty-handed and so that they can start their own businesses when they return,” said Maria Dolores Gonzalez Sanchez, a Mexican congresswoman from the state of Zacatecas.
As a member of a federal commission, she represents the interests of Mexicans living in the U.S.
Gonzalez Sanchez said the new program, featuring a variety of no-interest, low-interest and forgivable loans, is the first of its kind offered by the Mexican government.
Neither she nor other Mexican officials detailed the total amount of money that will be available. However, loans could range from $30,000 to $250,000, depending on the scope of the proposal, said Mario Espinosa Castaneda, a legal adviser to Mexico’s national Human Rights Commission.
Though the extent of reverse migration isn’t known, some Mexicans, including many who were here illegally, are returning to Mexico after establishing lives, raising families and working for years north of the border.
Mexico envisions the loans as a means to stimulate its economy and to capitalize on the job skills immigrants honed in the U.S.
Gonzalez Sanchez said that under the program Mexico will also certify professional status of applicants who pass exams demonstrating the skills they developed here in carpentry, welding and other trades. They can teach the skills to apprentices in Mexico, and the businesses they create can stimulate the economic climate in their hometowns.
Gonzalez Sanchez expects the program to appeal to migrants facing hard choices about returning. Some Mexicans in the U.S. are concerned that they are too old for a Mexican job market that values young workers, particularly in low-paying, nonprofessional jobs. http://www.statesman.com/news/content/news/stories/nation/01/17/0117mexworkers.html
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