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 ...
Managua, August 29th, 2023.- In the last three years, since the COVID-19 pandemic, a total of 3,596 Nicaraguan micro, small and medium-sized enterprises (MSMEs) were able to sustainably boost and strengthen their businesses, as well as invest in the improvement of their productive units through access to soft resources from the Financial Sector Support Facility for MSME Financing, supported by the ...
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 ...
Managua, October 25, 2021.- A total of 28,557 micro, small and medium-sized enterprise (MSME) jobs have been preserved and recovered during the last year and a half thanks to the support of the Central American Bank for Economic Integration (CABEI) and its Financial Sector Support Facility for MSME Financing , which has channeled US$66.8 million through its intermediary financial institutions. In ...
San José, December 14 th , 2022.- More than 100 Costa Rican entrepreneurial families exhibit their products at the National Business Fair, organized by the Fideicomiso del Instituto Mixto de Ayuda Social (FIDEIMAS), with the support of the Central American Bank for Economic Integration (CABEI), the European Union and KfW of Germany through its tripartite DINAMICA Initiative. The fair, which takes ...
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 José, Costa Rica, March 3, 2021. - Nearly 1,200 jobs in Costa Rican Micro, Small and Medium-Sized Enterprises (MIPYMES) will be supported with a new disbursement made by the Central American Bank for Economic Integration (CABEI) as part of its Financial Sector Support Facility Program for MIPYMES Financing. The recently disbursed US$4 million to Coopeservidores will support approximately 150 ...
Tegucigalpa, January 10, 2022 .- With the objective of strengthening the preparation of climate change mitigation and adaptation projects and institutionalizing climate knowledge and tools at CABEI, KfW has made a non-reimbursable financial contribution in the amount of EUR4.5 million to the "Climate Change Investment Project Preparation Fund (FCC)" created by CABEI within the framework of the ...
Managua, May 16th, 2023.- To continue promoting Nicaragua's economic development and strengthening its business fabric, the Central American Bank for Economic Integration (CABEI) renewed a US$32.0 million Global Credit Line with Banco de Finanzas, Sociedad Anónima (BDF) . The funds will be used to meet the financing needs of micro, small and medium-size enterprises (MSMEs), as well as to create ...
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 ...