Quintana Roo Restaurants Seek Loans to Survive

Cancún, QRoo — Facing a difficult year for the sector, restaurateurs in Quintana Roo will turn to loans from Nacional Financiera (Nafin) in order to meet year-end commitments and keep their operations active.

The president of the Cámara Nacional de la Industria de Restaurantes y Alimentos Condimentados (Canirac) in the state, Julio Villarreal, reported that between 50 and 60 restaurants in the northern zone will request this support to confront current expenses and obligations such as the payment of year-end bonuses, all within an economic context marked by electrical blackouts that have damaged equipment and diminished income.

"We are seeking working capital to keep the businesses afloat and to be able to cover immediate expenses," stated Villarreal, highlighting that the loans will be subject to a financial analysis to guarantee their repayment and operational continuity.

Currently, Canirac has 1,500 member establishments in Quintana Roo and will promote access to this financing scheme as a tool to avoid closures and strengthen the economic recovery of the gastronomic sector, one of the most representative of the state's tourism industry.

The restaurant leader expressed confidence that the Nafin program will allow the sector to stabilize and face the high season with better conditions, after months of fluctuations in consumption and increases in operational costs.