in morelos imofi delivers the business credit programme which has features akin to those of the federal smepp and helps smes obtain mediumsized credit that would be hard to receive by commercial banks in queretaro sofeq runs credito pyme which disburses credit on the average of mxn for firms engaged in the strong manufacturing base of this state eg automotive and aerospace industries rather than scattering resources in too many streams they focus on those industries where the state has a comparative advantage and which can accordingly impact the most on local development