# Mexico-Colombia financial literacy initiatives > Live situation record from CLSTR: https://clstr.news/situations/mexico-colombia-financial-literacy-initiatives > Updated: 2026-08-06T18:23:06.000Z. Sources: 5. Developments: 2. In July 2026, loan guides in Mexico and Colombia highlighted the importance of CAT rates and interest simulations for borrowers. By early August, the focus expanded to broader financial‑education efforts. Mexico’s Buró de Crédito was presented as a key pillar of the financial system, providing credit data that helps banks assess risk and extend financing, especially to small and medium‑sized enterprises. In Colombia, the government‑linked agency ICETEX launched a new financial‑education course, “El camino hacia tus sueños,” in partnership with the Fundación Ábacos, covering budgeting, savings, risk management, responsible credit use and basic investing for students and professionals. Both initiatives aim to boost financial literacy and inclusion across the two countries. These steps reflect a coordinated push in Mexico and Colombia to strengthen financial knowledge, improve access to credit, and support informed economic decisions among individuals and businesses. ## Timeline ### 2026-08-06: Mexico Credit Bureau Emphasizes Financing Access as Colombia's ICETEX Unveils New Financial Course Mexico’s Buró de Crédito underscores its role in expanding credit access, while Colombia’s ICETEX launches a new financial‑education course for students and professionals. 5 sources. https://clstr.news/cluster/mexico-credit-bureau-emphasizes-financing-access-as-colombias-icetex-unveils-new-financial-course ### 2026-07-11: Mexico and Colombia loan guides stress CAT rates and interest simulations Loan advice in Mexico highlights the mandatory CAT metric and credit‑history checks, while Colombia offers a simulation showing a 50 million‑peso loan costing 1.17‑1.59 million peso monthly over 84 months. 4 sources. https://clstr.news/cluster/mexico-and-colombia-loan-guides-stress-cat-rates-and-interest-simulations --- Cite as: Mexico-Colombia financial literacy initiatives. CLSTR, https://clstr.news/situations/mexico-colombia-financial-literacy-initiatives