Background on Quintana Roo and its Economic Development
Quintana Roo, a Mexican state known for its vibrant tourism industry and stunning natural beauty, has been actively working to bolster its local economy. The state government, through the Secretaría de Desarrollo Económico (Sede), has been instrumental in supporting micro, small, and medium-sized enterprises (MSMEs) to foster growth and job creation across various municipalities.
Who is the Quintana Roo Government?
The Quintana Roo Government is the state administration responsible for overseeing and managing the affairs of Quintana Roo, a Mexican state famous for its popular tourist destinations like Cancun, Cozumel, and the Mayan ruins of Tulum. The Secretaría de Desarrollo Económico (Sede) is a key entity within this government, dedicated to promoting economic growth and development in the region.
Credit Programs for MSMEs in Quintana Roo
In 2025, the Quintana Roo Government, in collaboration with the Fondo de Financiamiento Quintana Roo (FOFINQROO), successfully granted credits to 240 MSMEs by the end of December. This initiative aimed to strengthen the financial health of local businesses, promote their growth, and preserve existing jobs across multiple municipalities.
Key Credit Programs
- Programa Impulso NAFIN + Quintana Roo: This program established a historic financing pool of 607.6 million pesos for businesses, backed by a state investment of 49 million pesos as collateral. This enabled the provision of credits to 86 small and medium enterprises totaling 189.8 million pesos throughout the year.
Beneficiaries and Investment Details
The credit program primarily targeted 154 artisans, entrepreneurs, and microbusiness owners with a total investment of 8.35 million pesos. Out of this amount, 6.441 million pesos came from state resources, while 1.819 million pesos were sourced from the FOFINQROO fund.
Impact Across Quintana Roo Municipalities
The credit initiative reached various municipalities in Quintana Roo, including Othón P. Blanco, Bacalar, José María Morelos, Felipe Carrillo Puerto, Tulum, Playa del Carmen, and Puerto Morelos. By the end of 2025, the program had expanded from 227 beneficiary companies at the start of the year to 240 by December 12, demonstrating its positive impact on local businesses.
Additional Municipalities
The credit program also extended its support to Benito Juárez, Isla Mujeres, Cozumel, and Lázaro Cárdenas, further consolidating the state’s strategy to promote economic development and business competitiveness across Quintana Roo.
Key Questions and Answers
- Who granted the credits? The Quintana Roo Government, through the Secretaría de Desarrollo Económico (Sede), in collaboration with the Fondo de Financiamiento Quintana Roo (FOFINQROO).
- How many MSMEs were supported? Over 200 micro, small, and medium enterprises received credits by the end of 2025.
- What was the total investment? Approximately 8.35 million pesos were invested in the credit program, with 6.441 million pesos from state resources and 1.819 million pesos from the FOFINQROO fund.
- Which municipalities were supported? The credit program reached various municipalities, including Othón P. Blanco, Bacalar, José María Morelos, Felipe Carrillo Puerto, Tulum, Playa del Carmen, Puerto Morelos, Benito Juárez, Isla Mujeres, Cozumel, and Lázaro Cárdenas.
