Cooperativa del Personal de la Universidad de Chile Limitada, the credit union for employees of the Universidad de Chile, extends loans of up to $30,000 to micro and small-scale entrepreneurs looking to purchase machinery and equipment, start up new businesses, or expand their businesses. This IIC loan will help strengthen the competitiveness of COOPEUCH customers. The credit union has been providing financial services for workers earning less than $700 a month since 1967.