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how to identify participating businesses and what products can be purchased


Resolution 7/2024 was published this Wednesday in the Official Gazette. The Government clarified that the program will begin to come into force next week.

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He Government launched his own Now 12 with the creation of the Program to Promote Consumption and Production of Goods and Servicescalled ‘Simple fee’. Its objective is to stimulate the demand for goods and services by providing term financing facilities.

Simple Fee: how to identify participating businesses and what products can be purchased

simple quota logo.jpg

The logo that identifies which businesses will be part of the Cuota Simple program.

The logo that identifies which businesses will be part of the Cuota Simple program.

Courtesy of the Secretary of Commerce.

Businesses participating in the consumption promotion program will have the Simple Quota program logowhich identifies that the store is attached and that it can be purchased at 3 and 6 fixed installments with bank credit cards and with the lowest rate on the market.

The program will be valid until May 2024 and will have national scope. In addition, it will be available every day in stores physical and virtual. Consumers will be able to buy in installments within 30 categories of nationally manufactured products, which can be accessed with a Annual Nominal Rate (TNA) which represents 85% of the Central Bank’s fixed term (110% TNA).

The deadlines that were agreed to be adopted have to do with history of previous programs that indicate that the 3 and 6 installments are the most chosen among consumers. In addition, the items with the greatest participation were clothing, small appliances and white goods, which will be included in the Simple Quota.

Simple Fee Program: the items that participate

  • White line.
  • Dress.
  • Footwear and Leather Goods.
  • Cell phones with 4G technology.
  • Furniture.
  • Bikes.
  • Motorcycles.
  • Educational services.
  • Mattresses.
  • Books.
  • Glasses and Contact Lenses.
  • Library items.
  • Toys and Board Games.
  • Technical Services for Electronics and Home Appliances.
  • Tires, accessories, CNG gas vehicle conversion kit and spare parts for automobiles and motorcycles.
  • Musical instruments.
  • Computers, Notebooks and Tablets.
  • Illumination artifacts.
  • Televisions and monitors.
  • Perfumery.
  • Small Appliances.
  • Sports preparation services.
  • Medical equipment.
  • Machinery and Tools.
  • Shows and cultural events.
  • Durable kitchen items.
  • Automotive Vehicle and Motorcycle Repair Services.
  • Kit for home connection to public water and sewer services.





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