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 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 ...
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 ...
San Salvador, March 18th, 2022.- The Central American Bank for Economic Integration (CABEI) and Banco CUSCATLAN of El Salvador formalized this Friday a global credit line for up to US$60.0 million to be made available to Salvadoran small and medium-sized enterprises (SMEs) affected by the COVID-19 pandemic. The financing under competitive credit conditions is expected to benefit more than 450 SMEs ...
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 ...
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 ...
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 ...
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 ...
Santo Domingo, March 9th, 2022.- With the commitment to support Dominican micro, small and medium-sized enterprises (MSMEs) in their economic reactivation after the crisis caused by the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) made its first disbursement to the country's private sector for US$255,504 under the Financial Sector Support Facility Program for the ...
San Salvador, January 31, 2022.- The Central American Bank for Economic Integration (CABEI) made a new disbursement of US$10.0 million to Banco Hipotecario de El Salvador (BH) to reaffirm its commitment to support micro, small and medium-sized Salvadoran enterprises in their economic reactivation following the crisis caused by the COVID-19 pandemic. This financial facility, part of CABEI's ...