$10 Million for Small- and Medium-Sized Honduran Businesses
The project “Pymerural” will give support to seven thousand small- and medium-sized businesses (PYMES, initials in Spanish) from rural areas.
Tuesday, February 24, 2009
La Tribuna, on its website, publishes: "The project is supported with funds contributed by the government of Switzerland and will cover ten departments throughout the country, with different areas of aggregate value and with agricultural and non-agricultural products from the rural areas of Honduras."
With a contribution of $5 million, the US Agency for International Development announced the extension of the program.
Guatemala’s sixth largest bank, Bantrab (Spanish acronym for Worker’s Bank), landed a credit line from the German Development Bank (DEG).
With a credit from the BID, Banco Agricola will expand its loan program for micro, small, and medium sized businesses (MiPyMEs acronym in Spanish).
The project will improve productivity of MSMEs in tourism and agribusiness.
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