The number of loans under a thousand dollars has increased, especially during the first three months of 2024. This increase can be attributed to expenses related to the school period and carnival celebrations.
According to recent data, it is highlighted that the majority of these loans were requested at the beginning of the year due to the need to cover expenses associated with the purchase of school supplies, uniforms, and other educational materials.
On the other hand, there is also an increase in the request for credits from those looking to finance expenses linked to carnival festivities, such as costumes, food, and recreational activities.
In the words of a financial expert: "It is common to see an increase in the demand for smaller loans during these times, as families need to cover these extra expenses quickly and easily".
In summary, the increase in the granting of loans under a thousand dollars is due to the school season and the celebration of carnival, where people seek financial solutions to address these additional expenses.
