Taipei, August 1st, 2022.- In order to support the region's countries in their economic recovery from the effects of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) and the Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) signed an agreement for the implementation of a regional program focused on supporting women's entrepreneurship and ...
Tegucigalpa, June 28th, 2022.- Two years after the implementation of the Financial Sector Support Facility for financing MSMEs of the Central American Bank for Economic Integration (CABEI) , 9,256 jobs have been protected in Honduras, of which 2,261 are women. Among them, Rosa Argentina Brizzio Medina, owner of a grocery microenterprise in Colonia Nueva Suyapa in Tegucigalpa, who was one of the ...
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 ...
Tegucigalpa, July 29th, 2022.- A total of 2,671 Honduran micro, small and medium-sized enterprises (MSMEs) have been able to strengthen their business ecosystem over the last five years through the tripartite initiative Business Idea Development and Acceleration for Central American MSMEs (DINAMICA for its Spanish definition) , implemented by the Central American Bank for Economic Integration ...
Seoul, July 7th, 2022.- To promote the productive sectors, foreign trade, and micro, small, and medium-sized enterprises (MSMEs) in Honduras, the Central American Bank for Economic Integration (CABEI) increased its Global Credit Line (GCL) to Banco del País, S.A. (BANPAIS) by US$15.0 million, for a total of up to US$100.0 million. The credit line will provide financing on favorable terms for ...
San Salvador, September 2022. In order to contribute to the promotion of innovation, entrepreneurship and participate in socioeconomic development and poverty reduction, the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the government of Germany, through KfW, consolidated an important support of US$9,539,171.30 in loans to 175 Salvadoran MSMEs, which ...
Managua, June 10, 2022.- "Zeas Apícolas" is a small Nicaraguan business that has been growing stronger for the past five years by diversifying its portfolio with six new honey products, improving its sales, production and administrative processes, actions that have been possible thanks to the financing received through the Development of Business Ideas and Acceleration of Central American MSMEs ...
San Jose, June 30th, 2022.- Flor Franco, in addition to being the owner of the Leño y Carbón restaurant, is one of the 817 micro, small and medium-sized enterprises (MSMEs) that have benefited in Costa Rica through the Central American Bank for Economic Integration's (CABEI) Financial Sector Support Facility for MSME Financing. Their business is made up of 24 workers who kept their jobs during the ...
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 ...