In Morelos, for example, specific programmes are in place for taxi drivers and microenterprises related to tourism, a growing sector in this state. In Queretaro a programme called credito a la palavra (i.e. trust loan) has been set up to cater for the self-employed through microloans up to MXN 10 000 and repayment within six months. Interest rates are competitive compared to those offered by private microfinance institutions and rates of default in the range of 5-6%, which is very low for microcredit programmes. This is the result of close monitoring on the use of the loan and repayment terms, with visits to the enterprises and repayment deadlines that can be even on a weekly basis in some cases.