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Home Diario de Avisos

Consumption Bonds can now be purchased and start redeeming in stores

November 1, 2022
in Diario de Avisos
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Consumption Bonds can now be purchased and start redeeming in stores
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The Cabildo de Tenerife, through the Insular Foundation for Training, Employment and Business Development (Fifede), has already launched the new edition of the Tenerife Consumption Voucherwith which consumers who purchase them can make purchases with discounts of up to 60 euros in small shops and restaurants on the Island.

Specifically, from yesterday until November 30, you can purchase and redeem these bonuses, which are already available on the web www.bonotenerife.es.

The island councilor for Employment, Socioeconomic Development and Foreign Action, Carmen Luz Baso, explained that “with this new campaign we want to encourage consumption in small businesses in Tenerife, but also collaborate with families at a time when inflation is affecting to household economies. For this we have put on the market bonds worth 600,000 euros with direct discounts of up to 60 euros for people who acquire them”. More than 300 establishments have joined this campaign, whose membership period is still active.

In accordance with the rules of use, each consumer will be able to use a maximum of two vouchers in each purchase, regardless of their value, so it will be possible to obtain discounts of up to 60 euros in a single purchase. The business will receive 50% of the value of the redeemed vouchers within a maximum period of two weeks, from the date of purchase.

The term to acquire the bonds and exchange them in the establishments adhering to the program will be open until November 30, unless the budget is exhausted beforehand.

Through this initiative, vouchers with a total value of 600,000 euros will be placed on the market, which will go directly to shops, cafeterias, restaurants and service-providing businesses. Bonds with amounts of 10, 30 and 60 euros have been put up for sale in which the Cabildo de Tenerife pays 50%, while the other half must be paid by the consumer.

previous edition

The last edition of the program, which took place between May 16 and June 30 of this year, generated sales for an amount of 388,000 euros in small businesses dedicated to commerce, hospitality and other services, such as hairdressers or gyms. Seven out of 10 affiliated establishments perceived an increase in sales and new consumers thanks to the Tenerife Consumer Bonus. In addition, more than 62% of businesses give the program the highest rating, while 15.7% rate it 4 out of 5.



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