### Municipal Government Concludes Final Distribution of Tijuana Fund Trust Credits
**Tijuana, September 11, 2024**
The municipal government has concluded the final distribution of credits from the Tijuana Fund Trust, allocating 350 million pesos to assist entrepreneurs launching their first businesses. The Secretary of Economic Development, Luis Antonio Cañedo Ángulo, emphasized that these funds were primarily directed towards supporting self-employment initiatives.
“These credits aim to help individuals embark on any business venture they desire, requiring only basic documentation such as proof of residence and a business outline,” explained Cañedo Ángulo. He noted that the interest rate on these credits is around 3%, significantly lower than the traditional rates which can reach up to 22%.
However, he indicated that approximately 40% of the recipients have defaulted on their payments. Despite this setback, the initiative has played a crucial role in fostering local entrepreneurship.
### Additional News
**Potential Reallocation of Fidem Resources for Educational Infrastructure**
There are ongoing evaluations to potentially redirect resources from the Fidem to improve educational infrastructure. This reassessment aims to enhance the quality of education and ensure better facilities for students.
**Efforts to Address Homelessness with Fidem Resources**
The local government is also contemplating the use of Fidem resources to provide assistance and support to homeless individuals in Tijuana, aiming to improve their living conditions and offer sustainable solutions.
**Judicial Election Reforms in Baja California**
Marina del Pilar, a key local official, has announced that the process for electing state judges and magistrates in Baja California will differ from the federal procedures. This reform is part of an effort to enhance local governance.
**Ongoing Partial Strike by Federal Judiciary Workers**
Judiciary workers in Tijuana continue their partial strike indefinitely, with 80% to 90% workforce participation. The unrest stems from demands for better working conditions and policies.
**Next Energy Photovoltaic Plant Inquiry**
Former Governor Jaime Bonilla attended a session with the General Prosecutor’s Office (FGE) in Mexicali regarding the Next Energy photovoltaic plant contract, asserting that no crime was committed in the project.
**Investigation of Teenage Bullying Case**
The FGE is thoroughly investigating the circumstances surrounding Kaleb, a teenager who was allegedly murdered in a bullying incident. Miguel Gaxiola mentioned that all possible lines of investigation are being pursued to fully understand the situation.
**El Trompo Museum Financial Health**
The director of El Trompo, a popular museum in Tijuana, reported that the venue receives approximately 300,000 visitors annually. This figure excludes large events such as fairs and concerts, which further bolster financial stability.
**Protest at Baja California Congress Facilities**
Federal judiciary workers recently disrupted the Baja California Congress in Mexicali. Their actions aimed to prevent an extraordinary session that was convened to approve a judicial reform.
For more updates and in-depth news, stay tuned to TJGringo.com.