Managua, August 6, 2021.- Since the implementation of the Financial Sector Support Facility for MSME Financing in 2020 to the first half of this year, the Central American Bank for Economic Integration (CABEI) has granted around US$60 million in financing to Nicaraguan micro, small and medium-sized enterprises (MSMEs), protecting a total of 25,000 jobs. Of the funds channeled by CABEI through ...
Panama City, September 7, 2021.- To address the financial needs of Panamanian micro, small and medium-sized enterprises (MSMEs), as well as to support them in recovering and protecting around 940 jobs, the Central American Bank for Economic Integration (CABEI), has disbursed US$61 million from August 2020 to date as part of its MSME Support Facility Program. "In the case of the MSME sector, CABEI ...
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 ...
Santo Domingo, June 8th, 2023 - In support of the productive sectors in their economic reactivation and in strengthening their working capital, the Central American Bank for Economic Integration (CABEI) recently disbursed US$2.0 million to its strategic ally Banco de Desarrollo y Exportaciones (BANDEX), funds that will be channeled through Banco de Ahorro y Crédito FONDESA, S.A. (BANFONDESA). ...
Madrid, March 28th, 2023.- Promoting economic growth and competitiveness by strengthening Honduras' business fabric is the goal of the Central American Bank for Economic Integration (CABEI) and Banco de Occidente with the opening of a US$20.0 million Global Credit Line (GCL) to support the development of 74,851 beneficiaries and 2,087 companies, as well as other organizations with legal status. ...
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 ...
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 ...
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, 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 ...