Loans to private home workers

Banco Provincia launched a new line of credit for workers and workers in private homes.

The maximum amount of these loans, which can be repaid within 36 months, is $150,000, and the installments to be paid cannot affect more than 30% of the monthly income.

The line has a fixed annual rate of 60% and will be available from August.

The requirements are minimal: be registered as a worker in AFIP and have a DNI.

For those who do not request this money, a credit card is offered with pre-established limits based on the estimated monthly income.

New users will have a 40% refund on their first purchase, with a refund limit of 6,000 pesos.

The entity considers workers to be “those people who provide cleaning, maintenance or other typical household activities; personal assistance and accompaniment to family members or those who live together; non-therapeutic care of sick or disabled people”.

On Tuesday the 25th, the National Commission for Work in Private Homes will meet to analyze an increase in minimum wages for the sector.

Anna Edwards

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