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 ...
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 ...
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 ...
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 ...
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, 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 ...
Guatemala City, July 19th, 2021.- In order to support the implementation of modern, efficient and sustainable transportation, representatives of the private sector management of the Central American Bank for Economic Integration (CABEI) met with senior authorities of the Guatemala Municipality to discuss urban mobility alternatives to improve the movement of people in the capital city. One of ...
San José, July 20, 2021 - A total of 167 small Costa Rican companies, 33 micro and one medium-sized company have accessed financing from the Central American Bank for Economic Integration (CABEI) channeled through its commercial allies such as financial institutions. The resources requested by this productive sector since 2020 to date, which come from the Financial Sector Support Facility for the ...
Santo Domingo, July 21st, 2021.- With the aim of highlighting the impact of entrepreneurship and microfinance on the financial inclusion processes of vulnerable people and the economic dynamics of the Latin American region's countries, the CABEI-SOLIDARIOS Awards initiative was launched on Wednesday, sponsored by the Central American Bank for Economic Integration (CABEI). CABEI Executive ...
Guatemala City, September 21st, 2021.- In order to improve the wellbeing of family and business finances and encourage a change in financial decision-making behavior, Banco de Desarrollo Rural S.A. (BANRURAL), through a US$30,000 technical cooperation grant from the Central American Bank for Economic Integration (CABEI) and the European Union , designed and implemented the pilot phase of the ...