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 ...
Guatemala, May 12th, 2022.- As of Thursday, individuals and legal entities, such as micro, small and medium-sized enterprises (MSMEs), will be able to access financing for working capital, electric mobility and housing through Financiera Consolidada S.A. (COFINSA), part of Corporación Multi Inversiones ( CMI), with which the Central American Bank for Economic Integration (CABEI) formalized a ...
Managua, May 19th, 2022.- Continuing with its commitment to promote Nicaragua's economic development in alliance with the country's private sector, this Thursday the Central American Bank for Economic Integration (CABEI) and Banco de Finanzas, Sociedad Anónima (BDF) , renewed a US$32.0 million Global Credit Line. The funds will be used to meet the financing needs of small and medium-size ...
Tegucigalpa, June 03, 2022.- The Central American Bank for Economic Integration (CABEI) approved an interest rate adjustment mechanism that will allow it to place funds, through its Intermediary Financial Institutions (IFIS) network, at concessionary costs, enabling it to reach final beneficiaries with preferential, accessible and competitive financial conditions. With this initiative, CABEI seeks ...
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 ...
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 ...
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 ...
Guatemala City, June 29th, 2022.- As a result of access to credit on favorable terms and having a complementary banking product to support such financing, in the last two years 2,258 Guatemalan micro and small businesses have continued to operate despite the adverse effects of the pandemic, managing to meet their obligations and protecting more than 8,500 jobs in rural and urban Guatemala. This ...
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 ...
