$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."

More on this topic

Bantrab Receives $15 Million For Guatemalan SMEs

April 2011

Guatemala’s sixth largest bank, Bantrab (Spanish acronym for Worker’s Bank), landed a credit line from the German Development Bank (DEG).

Mauricio Álvarez, Bantrab’s head of strategic planning, explained that the funds will be loaned to small and medium enterprises from rural and urban areas.

$ 32 Million from WB for MSMEs in Guatemala

March 2011

The project will improve productivity of MSMEs in tourism and agribusiness.

For this, the World Bank will invest U.S. $ 32 million to strengthen their added value products, quality and integration to national and international markets.

"Micro, small and medium businesses generate most jobs in Guatemala, this project will help promote growth and increase their productivity," said Felipe Jaramillo, World Bank Director for Central America. "Promoting sustainable growth and productivity is one of the World Bank´s priorities for the Partnership Strategy with Guatemala," he added.

$20 Million for Small and Medium Sized Businesses in El Salvador

June 2009

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 approval of the loan from the Inter-American Development Bank (BID acronym in Spanish) to Banco Agricola allows us to offer resources that are currently available to meet the needs of the credit market in El Salvador.

Broadening of Rural Development Program in Honduras

April 2009

With a contribution of $5 million, the US Agency for International Development announced the extension of the program.

The U.S. ambassador, Hugo Llorens, informed the extension of the Rural Economic Diversification Program (USAID / RED) for 21 additional months.

La Tribuna published on its website, "USAID/RED works with micro, small and medium sized rural enterprises to enhance competitiveness, expand exports and local sales and promote increased production and investment in products with higher value."

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