Kick-off for the "Argentina Digital" Project

By Héctor Calabia

The biggest state-owned bank of the Argentine Republic, Banco de la Nación Argentina, signed an agreement with Acer Inc. subsidiary, Acer Argentina S.A., in order to push ahead the "Argentina Digital" project. This project grants loans to ordinary people, through businesses or labor unions, for purchasing personal computers for home use.

 

The Argentine government is backing the deal through the Secretariat for Technology, Science and Productive Innovation and the Banco de la Nación provides the financing. [See " Argentina to Finance 1 Million Home PCs", May 30, 2000]

 

This deal entitles to computer vendors to deploy exhibition stands for their products in the bank's 631 branch offices throughout the country.

 

"The Banco de la Nación Argentina is offering all its branch offices so that vendors can show their offers. Because it is certainly not the same to buy a computer in the city of Buenos Aires than in Charata, a remote town in the Chaco province", said the bank chairman, Chrystian Colombo [CQ]. The deal also includes a plan for offering basic computer training to the purchasers.

 

The Banco de la Nación is striving to reach similar agreements with the greatest number of organizations, as a way to reach a larger number of potential buyers. The signing entities agree to using a "salary deduction code", that allows employers and labor unions to automatically deduct the installments for paying some products and services from their employees or member's salaries.

 

Up to now, the Bank has signed-in the University of Buenos Aires, the teachers' labor unions, and the Argentine Armed Forces.

 

The Bank will also try to make deals with the credit card companies in order to offer loans to students. There will also a credit line for independent workers and they are about to sign an agreement with the Confederation of Municipal Labor Unions.

 

According to Colombo, the Bank has already received more than 10,000 loan applications and they have granted 6,000 loans, since the plan was officially lauched in July. The loan is for 850 Argentine pesos (US$850), to be paid in installments of $33 each.

 

The computer that Acer is promoting for this plan includes a 500 MHz Intel Celeron microprocessor, 64M-bytes of random access memory (RAM), a 48-X CD-ROM drive, sound card, 56k-bps (kilobits per second) modem-fax, Windows 98 and the full version of Lotus Smart Suite software. This computer sells for US$999, including taxes. The extra $149 must be paid cash or with a credit card when buying the product.

 

An additional $79 will buy a 1200 dpi Lexmark Z12 inkjet printer.

 

Besides Acer, other vendors can promote their offers, with several price tags.

 

The deal includes the Argentine ISP Ciudad Internet that will offer Internet dial-up access, and the printer vendor Lexmark, said the Bank president. Ciudad Internet will offer full access free for a month, including five POP mailboxes per account.

 

Acer plans selling more than 200,000 units in about two years. This is a 20 percent share of the total sales estimated by the Government.

 

Acer Argentina invested US$800,000 for this project, and for hiring the sales staff for their stands to be deployed in the bank branches, according to Acer representatives.

 

-------

This article was originally published by the IDG World Network of magazines and Web Sites
  IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific Web sites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & Expo(R), Macworld Conference & Expo(R), DEMO, and IDC Directions. IDC provides global market research and advice through offices in 50 countries.
Some stories have been distributed through CNN.com by special arrangement.

 

<< BACK