Background on Buen Fin and its Relevance
Buen Fin is an annual shopping event in Mexico, organized by the Mexican government to stimulate consumer spending and support small businesses. This year, Querétaro is gearing up for the event, which will take place from November 13 to 17. The local chamber of small businesses, Cámara Nacional del Comercio en Pequeño (Canacope), estimates that 25,000 businesses will participate, marking a nearly 16% increase compared to previous years.
Who is Eduardo Chávez Hidalgo?
Eduardo Chávez Hidalgo is the president of Canacope Querétaro, a prominent organization representing small businesses in the region. His insights and projections are crucial for understanding the scale and impact of Buen Fin in Querétaro.
Key Details of Buen Fin in Querétaro
According to Chávez Hidalgo, the estimated economic impact for Querétaro during Buen Fin is 2,300 million pesos. In the first edition of Buen Fin in 2011, Querétaro received only 148 million pesos in economic impact. The program aims to promote family-owned businesses, generate employment opportunities, and foster consumer confidence in formal consumption.
Supporting Consumer Protection and Access to Credit
To ensure a smooth shopping experience, the Federal Procurator for Consumer Protection (Profeco) will set up six booths in commercial plazas to address consumer concerns. Additionally, Profeco will provide an official website for consumers to verify the promotions offered by participating businesses.
The director of the Fonacot (Fondo Nacional para el Crédito de Trabajadores) in Querétaro, Elsa García Carrillo, announced that they will extend their working hours until November 15 to help formal workers apply for credits of up to four months’ salary. This initiative aims to encourage responsible consumption and support the national economy.
Registration for Buen Fin
César Gutiérrez Sánchez, the coordinator of the Bienestar Economic Corridor in Querétaro, mentioned that businesses have until November 12 to register and participate in Buen Fin. This deadline ensures that businesses are prepared for the event and can offer special promotions to attract customers.
Key Questions and Answers
- What is Buen Fin? Buen Fin is an annual shopping event in Mexico that encourages consumer spending and supports small businesses.
- Who is Eduardo Chávez Hidalgo? Eduardo Chávez Hidalgo is the president of Canacope Querétaro, representing small businesses in the region.
- What is the expected economic impact of Buen Fin in Querétaro? Canacope estimates that the event will generate 2,300 million pesos in economic impact for Querétaro.
- What measures are being taken to support consumers during Buen Fin? Profeco will set up booths in commercial plazas and provide an official website for consumers to verify promotions. Fonacot will extend working hours to help workers apply for credits.
- When is the registration deadline for businesses to participate in Buen Fin? The deadline for businesses to register and participate in Buen Fin is November 12.
