VEN PROJECT HOLDING, C.A.
Direct business lines

Project 03 · Miranda · Financial Services

Universal Workers' Finance

Illustration of the project Universal Workers' Finance
Line lead
Rosalío Torrealba
Host state
Miranda
Sector
Financial Services
Horizon
2026–2031
Investment
To be confirmed

Purpose

Give Venezuelan workers —formal and self-employed— financed purchasing power for essential goods and services: the finance company buys the good outright from the supplier, delivers it to the worker and recovers the capital plus a reasonable margin in installments.

Components

  • Binational funding and treasury
  • Point-of-sale origination
  • Direct purchase from the supplier
  • Installment financing
  • Collection through payroll and direct debit
  • Guarantees and recovery
  • Technology platform and in-house payment-behavior bureau

Territorial scope

Four launch hubs: Capital District – Miranda · Zulia · Carabobo – Aragua · Anzoátegui – Monagas, with progressive nationwide scale-up.

Plan phases · 2026–2031

A preliminary preparation phase and five progressive phases, with verifiable milestones.

  1. Phase 0 · Months 0–6

    Preparation

    Legal, financial and compliance due diligence; incorporation of the binational vehicle; definition of the legal form in Venezuela; drafting of the credit rules and the AML/CFT prevention manual.

  2. Phase 1 · Months 6–12

    Enablement

    Licenses and registrations in both jurisdictions, account opening and treasury structure, contracting of the core technology and signing of the first payroll and partner-merchant agreements.

  3. Phase 2 · Months 12–24

    Implementation

    Opening of offices, integration with payrolls and payment gateways, calibration of the scoring engine and training of the sales and collection teams.

  4. Phase 3 · Months 24–30

    Pilot portfolio

    Controlled lending in anchor companies, measurement of early delinquency, adjustment of credit policies, process audit and validation of the recovery model.

  5. Phase 4 · Months 30–48

    Commercial scale-up

    Expansion of product lines and of the affiliated network, full addition of housing and mobility, and structuring of revolving lines or securitization with the international operator.

  6. Phase 5 · Months 48–60

    National consolidation

    Nationwide coverage, new products, partnerships with insurers and with the remittance channel, and opening of the vehicle to institutional investors.