24. Is there a ban on political parties taking loans in relation to election campaigns?

Source: Articles 51, final paragraph, 63 paragraph C Political Parties Act 2013.

Artículo 51 inciso final. - Los partidos políticos no podrán solicitar créditos provenientes de la banca estatal, para el financiamiento de sus actividades. tampoco podrán recibir aportaciones de personas no identificadas, con excepción de las obtenidas mediante colectas realizadas en mítines o en la vía pública.

Artículo 63 literal C. - Los partidos políticos podrán recibir financiamiento privado, proveniente de personas naturales o jurídicas, dentro de los límites y con arreglo a los requisitos y condiciones establecidas en la presente Ley, tales como: 
c. Los créditos que contraten;  

Article 51, final paragraph. -
Political parties may not apply for loans from state banks to finance their activities. Nor may they receive contributions from unidentified persons, with the exception of those obtained through collections made at rallies or in public places.

Article 63, paragraph C.- Political parties may receive private financing from individuals or legal entities, within the limits and in accordance with the requirements and conditions established in this Law, such as:

c. Loans they take out;  

Ley de partidos: https://www.asamblea.gob.sv/sites/default/files/documents/decretos/2E597B83-D1C9-4C91-A9C9-6EC8A44FBA0F.pdf 

-Political parties are allowed to apply for loans from commercial banks, but they cannot apply for loans from state banks to finance their activities.

-In fact, by not regulating the financing of party candidates, the law creates a loophole that is exploited in practice by candidates to raise funds without being accountable to their parties or the electoral authority for the origin and destination of the funds received.