US$15 million increase in COFINSA line of credit will finance MSMEs and strengthen employment in Guatemala

Tegucigalpa, April 28, 2025.- To facilitate access to financial services for micro-, small-, and medium-sized enterprises (MSMEs) and create opportunities for more persons to participate actively in the economy, the Central American Bank for Economic Integration (CABEI) approved a US$15 million increase in the line of credit for  Financiera Consolidada, S.A. (COFINSA), part of the CMI Capital group, raising the total line to US$30 million.

These additional funds will enable 22 companies that generate around 960 jobs to meet their investment and working capital needs, ensuring their growth and stability in strategic sectors such as construction, commerce, real estate services, agriculture, and energy generation and distribution. A portion of these resources will have a gender focus through a financial product tailored to women entrepreneurs, offering flexible terms and differentiated interest rates, as well as providing advice and training to strengthen the business capabilities of women entrepreneurs.

The expansion of the line of credit is an example of how strategic alliances may open new growth opportunities for MSMEs, thereby generating a positive impact on employment levels and the well-being of hundreds of families and communities in Guatemala.

This operation is framed within the CABEI Institutional Strategy 2025-2029 “Engine of Positive Transformation in Our Countries,” contributing to financial inclusion and entrepreneurship, as well as to the Sustainable Development Goals, especially goal 8.3 of SDG 8, which promotes access to finance for small companies, and goal 5. a of SDG 5, which promotes gender equality in the economic sphere.