Through the MSME Support Facility launched by CABEI in 2020, at the end of 2022, a total of 7,830 Costa Rican jobs were preserved.
The Central American Bank for Economic Integration (CABEI) promotes various programs aimed at micro, small and medium-sized enterprises (MSMEs), which, through allied financial institutions, can access resources under competitive conditions to maintain or improve their businesses, in order to promote private sector business development, generate employment, reactivate the economy and improve the quality of life in the region. One of these programs is the MSME Support Facility launched in 2020, with the objective of supporting the sectors affected during the health crisis caused by the COVID-19 pandemic, and which benefited 906 Costa Rican businesses in two and a half years, preserving and generating more than 7,830 jobs in sectors such as commerce, infrastructure and construction, services, agri-food production, hotels and tourism, among others.
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CABEI: The ally of Costa Rican MSME's
More than US$90 million from various programs aimed at MSMEs have been disbursed in Costa Rica in the last four years in partnership with twelve intermediary financial institutions.