Tegucigalpa, June 27th, 2022.- 99% of the nearly 1.6 million companies operating in the region are MSMEs; 83% micro and 16% small and medium enterprises. This important sector represents more than 65% of the economically active population and are the main employment generation source in the region, according to the Economic Impact Report on the COVID-19 pandemic effect on MSMEs in Central America ...
San Jose, June 28th, 2022.- A total of 19 branches of Correos de Costa Rica will produce their own electricity from solar panels and more than 100 vehicles will be replaced by electric vehicles with the support of the Central American Bank for Economic Integration (CABEI), which, through the Green MSMEs Initiative II , approved a non-reimbursable cooperation grant of US$59,150 to ensure 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 ...
San José, October 21, 2021.- Microentrepreneurs in rural areas of Costa Rica will have resources for working capital and investment, as well as for loan restructurings to improve their liquidity thanks to a new disbursement of US$3 million made by the Central American Bank for Economic Integration (CABEI) to its financial ally Co-servers. These new funds, in addition to the US$4 million disbursed ...
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 ...
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 ...
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 ...
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, February 20th, 2024.- With the firm purpose of boosting the region's business fabric by facilitating credit resources for small and medium-sized businesses, the Central American Bank for Economic Integration (CABEI) approved an increase of US$8 million to the Global Line of Credit of Financiera Consolidada, S.A. (COFINSA), of Corporación Multi Inversiones (CMI) Capital, reaching a ...
San José, March 13 , 2024. - In order to train a total of 200 Grupo Mutual employees in Costa Rica in sustainable construction, the Central American Bank for Economic Integration (CABEI), through the Green MSMEs II Initiative, with the financial support of the German government through KfW and the European Union (EU), signed a US$10,000 non-reimbursable technical cooperation agreement with this ...