CABEI promotes female entrepreneurship in Honduras

23/07/2020

Through programs and projects CABEI plans to promote equal opportunities in economic and social conditions among the population of the region.

Tegucigalpa July 23rd, 2020.- In order to support women in the growth of their businesses in the midst of the situation caused by the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI), sponsors the program Strategic Alliances for Women's Entrepreneurship in Honduras.

This alliance sponsored by CABEI was presented by the First Lady of Honduras, Ana García de Hernández, the Vice Chancellor of the Republic, Norma Cerrato, and the Executive President of CABEI, Dr. Dante Mossi.

Making a positive impact on the lives of Honduran women

CABEI's Executive President, Dr. Dante Mossi, highlighted the importance of the multilateral organization's support to social programs in devastating moments due to the COVID-19 pandemic. "Without a doubt, women's entrepreneurship is key to the development of the country; with its financial interventions, CABEI seeks to have a positive impact on the life and economic development of the inhabitants of the region," he stated.

President Mossi highlighted the Bank's commitment to gender and social inclusion in the region. "Our 2020-2024 Institutional Strategy establishes gender equality as a cross-cutting strategic issue in all Bank operations," he added.

CABEI has been a pioneer in gender equity issues. To date, more than US$ 30.9 million have been disbursed through the Regional Women's Business Financing Program (FEM), benefiting more than 7,500 women entrepreneurs.

The Strategic Alliances for Women's Entrepreneurship program in Honduras is an initiative that brings together the efforts of various sectors in the country to strengthen the entrepreneurial ecosystem of Honduran women.

During the virtual launch, CABEI executives gave a talk called "The State of Women's Entrepreneurship in Honduras and New Challenges due to COVID-19.”

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