San Salvador, July 16, 2021 - With the objective of increasing support for the efforts of the Salvadoran Government in the economic recovery of micro, small and medium-sized enterprises (MSMEs) and the conservation of the jobs they generate, this Friday the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance signed an agreement for US$600 million for the ...
Tegucigalpa, July 20th, 2021.- The COVID-19 pandemic has affected the region's economy across the board, particularly the small and medium-sized entrepreneurs who are finding it difficult to access financial resources. In response to this situation, the Central American Bank for Economic Integration (CABEI) and UN Women through the Foreign Affairs and International Cooperation Ministry of the ...
Tegucigalpa, July 15, 2021.- The Central American Bank for Economic Integration (CABEI) and UN Women concluded the webinar series "Ecosystem to promote women's financial inclusion" this Thursday with the aim of promoting financial services for women entrepreneurs and closing gender gaps in their access to a transformative post-COVID-19 recovery. CABEI Executive Vice President, Jaime Roberto Díaz ...
Guatemala City, July 6, 2021.- The Central American Bank for Economic Integration (CABEI) granted a new disbursement of US$5 million to Banco de Desarrollo Rural (BANRURAL) in order to continue supporting economic reactivation in the region and provide financial resources on favorable terms for micro, small and medium-size enterprises (MSMEs). These new resources are in addition to the US$17 ...
Tegucigalpa, June 25, 2021 .- Redoubling its commitment as the region's effective and timely financial intermediary, the Central American Bank for Economic Integration (CABEI) commemorates International Micro, Small and Medium Enterprise (MIPYMES) Day with historic financing totaling US$2.956 billion to benefit this sector's competitiveness and productivity. This figure translates into 720,000 ...
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 ...
Tegucigalpa, June 4, 2021 - In order to increase the financial inclusion of women in the face of the crisis generated by the pandemic, the Central American Bank for Economic Integration (CABEI) and UN Women, through the Women, Local Economy and Territories Program (MELYT), financed by the Italian Agency for Development Cooperation (AICS), signed a non-refundable financial contribution agreement ...
Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) approved Banco Avanz S.A.'s first US$8.0 million Global Credit Line (GCL), adding to the US$168.8 million channeled through Nicaraguan banks during the first quarter of 2021. This approval will benefit 200 individuals, 37.5% of whom are women, as well as ten new legal entities that generate an average of 20 jobs ...
Santo Domingo, May 11, 2021.- The Central American Bank for Economic Integration (CABEI) signed a Memorandum of Understanding with the Dominican Development Foundation (FDD) on Wednesday to promote joint training and mentoring activities in the area of business and entrepreneurship for businesspeople, entrepreneurs and micro, small and medium-sized enterprises (MIPYMEs) in the Dominican Republic ...
Guatemala City, Guatemala, May 7, 2021.- A total of ten Guatemalan micro, small, and medium-sized enterprises (MIPYMEs) comprising 297 entrepreneurs were able to strengthen their technical and business skills during 2020, thanks to a US$50,000 grant from the Central American Bank for Economic Integration (CABEI) under the Central American MIPYME Business Idea Development and Acceleration ...