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 ...
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, December 13, 2021.- In order to channel resources to micro, small, and medium-size enterprises (MSMEs) in Guatemala for their economic recovery and to enable them to implement environmental investments, the Central American Bank for Economic Integration (CABEI) approved a US$7 million global line of credit to Financiera Consolidada S.A. (COFINSA), an institution that is part of ...
Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. 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 ...
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 ...
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, 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 ...
Guatemala City, Guatemala, April 09, 2021.- Nearly 900 jobs in Guatemalan micro and small enterprises have been preserved through a disbursement granted by the Central American Bank for Economic Integration (CABEI) to BANRURAL for US$4.0 million under the MIPYME Financial Sector Support Facility Program. These resources granted in 2020 have had a positive impact on 373 companies located ...