CABEI, EU, and KfW promote the First Central American Independence Expo Fair in Honduras, with the participation of 150 female entrepreneurs

Tegucigalpa, September 20, 2022.- The first "Central American Independence Month Expo Fair", where 150 women exhibited their products of different nature, was held this year thanks to the support of the tripartite initiative Development of Ideas for Business and Acceleration of Central American MSMEs (DINAMICA II), executed by the Central American Bank for Economic Integration (CABEI) with the support of the Government of Germany through KfW and the European Union through its Latin American Investment Facility (LAIF).

The event, which took place on September 16^th, 17^th, and 18^th at La Hacienda, El Trapiche in Tegucigalpa, Honduras, was organized by the Club Nacional de Mujeres Emprendedoras por Honduras (National Club of Women Entrepreneurs for Honduras).

"We are pleased to have supported this important event where not only the women entrepreneurs who exhibited their products in a first-class space benefited, but also their families and suppliers, thus generating productive linkages, which is in line with our 2020-2024 Institutional Strategy, specifically the cross-cutting axis of gender equity that seeks to promote projects that favor equal opportunities and economic and social conditions in the population," said CABEI Executive President, Dr. Dante Mossi.

CABEI Director for Honduras, Belinda Carías, participated in the inauguration event, noting that "today we are celebrating with these 150 Honduran entrepreneurs, who exhibited their high-quality products, the opportunity to establish their space in the market and attract new clients, generating employment, wellbeing and economic sustenance for their families.

The Director of KfW for Central America highlighted during the event: "MSMEs and entrepreneurs are the engine of the country's economy. Programs like this help to boost and reactivate the economy after the crisis that occurred during the COVID-19 pandemic."

The Head of Cooperation of the European Union, Paolo Curradi, was also very pleased to support the presentation of products by 150 women entrepreneurs, highlighting through his words the fundamental role of women in the Honduran economy.

The main objective of the DINAMICA II Initiative is to strengthen the business ecosystem for MSMEs, especially new, young, and/or innovative ones, including strengthening the financial sector at the regional level to promote access to its services. Through this tripartite facility, as of June 30, 2022, more than US$45 million has been disbursed at the regional level to MSMEs in different sectors, constituting a fundamental support in their recovery from the COVID-19 pandemic.