• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

'Mejora tu Casa' buys materials from neighborhood hardware stores, boosting Bogotá's local economy

FinanceColombiaPulzo40 s readAI summary
Image: Pulzo

The 'Mejora tu Casa' program, run by the Caja de la Vivienda Popular (CVP), improves homes in Bogotá while strengthening neighborhood economies. Instead of going to large retailers, the entity buys materials from hardware stores and supply depots in the intervened area itself. Óscar Escamilla, owner of Ferremilla in Bosa San Pedro, said the CVP has bought pegacor, nozzle, sand, blocks and rollers from him, and that the impact is twofold: families improve their homes and local businesses sustain their sales.

In 40 seconds

  • The CVP buys the program's supplies from hardware stores and depots in the intervened neighborhood, not from large retailers.
  • Ferremilla, in Bosa San Pedro, is one of the partners: it has sold the entity pegacor, nozzle, sand, blocks and rollers.
  • According to its owner, Óscar Escamilla, the program benefits both families and the neighborhood economy.
Read the full story at Pulzo

IASummary generated by artificial intelligence from a story by Pulzo. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading