Tegucigalpa, December 13, 2021.- In order to channel resources to micro, small, and medium-size enterprises (MSMEs) in Guatemala for their economic recovery and to enable them to implement environmental investments, the Central American Bank for Economic Integration (CABEI) approved a US$7 million global line of credit to Financiera Consolidada S.A. (COFINSA), an institution that is part of ...
Guatemala City, June 11, 2021.- A total of 454 companies, 93% of which are micro and small, have accessed financing from the Central American Bank for Economic Integration (CABEI), enabling them to obtain resources to cover the costs of their commercial operations, repay debt, and pay salaries and obligations to suppliers. Part of these business loans will be guaranteed by CABEI through the ...
San Jose, April 19, 2022.- Nearly 2,000 micro, small, and medium-size enterprise (MSME) jobs will be created and safeguarded in Costa Rica with financial support from the Central American Bank for Economic Integration (CABEI), which disbursed more than US$20 million to its intermediary financial institutions Coopeservidores, Promerica, BCT, Financiera CAFSA, and Davivienda. The funds, which are ...
Tegucigalpa, January 24, 2022.- The Central American Bank for Economic Integration (CABEI) approved a US$60.0 million line of credit to Banco Cuscatlán de El Salvador to promote the economic reactivation of micro, small and medium-sized enterprises (MSMEs) and enhance the competitiveness of the business sector. This approval will benefit more than 450 companies, preserving approximately 16,900 ...
Punta Cana, May 9th, 2023 - The Central American Bank for Economic Integration (CABEI) and the Development Finance Corporation (DFC) are planning to boost economic growth and competitiveness by strengthening Belize' s business fabric with the opening of a US$2.5 million Global Credit Line (GCL) that is expected to benefit more than 5,000 individuals and 200 companies, as well as organizations with ...
Guatemala City, Guatemala, April 09, 2021.- Nearly 900 jobs in Guatemalan micro and small enterprises have been preserved through a disbursement granted by the Central American Bank for Economic Integration (CABEI) to BANRURAL for US$4.0 million under the MIPYME Financial Sector Support Facility Program. These resources granted in 2020 have had a positive impact on 373 companies located ...
Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. CABEI Executive ...
San José, July 1st, 2022 - In order to contribute to the decarbonization of the transportation sector in Costa Rica and the region, the Central American Bank for Economic Integration (CABEI), the European Union, through its Latin American Investment Facility (LAIF), and the Government of Germany through KfW, are sponsoring through the Green MSMEs II Initiative , the "San José 2022 Electric ...
San Salvador, January 13, 2022.- A new disbursement of US$100.9 million from the Program to Support Economic Recovery Measures Implemented to Benefit Businesses and Employment Affected by COVID-19 was made by the Central American Bank for Economic Integration (CABEI) to support 78,781 micro, small and medium-sized enterprises (MSMEs) affected by the pandemic. With this third amount, CABEI ...
Tegucigalpa, January 20, 2022.- The measures taken in the different countries to prevent the spread of COVID-19 had adverse effects on their economies, reflected in lower sales, business closures, layoffs, and loss of income in various sectors, such as micro, small, and medium-sized enterprises (MSMEs). In response to their needs and aware that this sector represents a strong driving force in the ...