Feb 14 • 14:17 UTC 🇦🇷 Argentina Clarin (ES)

SMEs and financial assistance: a bridge with a woman's face

The article discusses a new financial initiative aimed at supporting small and medium-sized enterprises (SMEs) in Argentina, led by women experienced in finance and education.

In Argentina, the challenges faced by small and medium-sized enterprises (SMEs) continue to grow, particularly due to a stagnant demand and various financial difficulties. Amidst these pressures, María Laura García Conejero, an experienced lawyer devoted to financial support for SMEs, has proposed a new solution to aid struggling businesses. She successfully persuaded her colleague, Irene Alfiz, an educational specialist, to join her in this venture. Together, they are aiming to create a financial lifeline for these enterprises.

García Conejero brings substantial experience from her past roles in various financial institutions since the 1990s, where she engaged in diverse financial instruments, including securitization and portfolio acquisitions. Her journey through the finance sector has equipped her with valuable insights into the needs and challenges that SMEs face. Meanwhile, Alfiz’s background in educational management has allowed her to understand the dynamics of family-owned businesses, which are prevalent amongst SMEs in Argentina. Their combined expertise drives the formation of LUC, a new initiative that translates to 'unique credit file' and aims to bridge the gap between SMEs and necessary financial resources.

LUC represents not just a financial strategy but also a collaboration that highlights the importance of women's involvement in empowering business development. By providing tailored financial solutions and fostering a supportive network for SMEs, García Conejero and Alfiz seek to alleviate the financial strain on these businesses, thereby contributing to the broader economic recovery in Argentina. This initiative is significant, as it underscores both the ongoing struggles faced by SMEs in the current economic landscape and the innovative approaches being adopted to assist them, particularly through women's leadership in finance.

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