$20 million to stimulate foreign trade in Guatemala

The IDB announced the granting of a million dollar loan to promote foreign trade in the country.

Tuesday, December 16, 2008

The use of the loan will be focused primarily on the search for new markets for small and medium companies.

The financing will be used to promote exports, trade missions, participation in specialized fairs, and the identification and development of new export opportunities for the companies.

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$ 8 Million for Salvadoran SMEs

December 2010

The IFC approved a loan for Financiera Integral, designed to provide credit to Small and Medium Enterprises.

The funds will also be used for granting loans for housing and agriculture.

"In 2009, the company gave credit for 41.255 different areas, an amount less than that recorded in 2008 when loans were granted for 53.618 different areas," reports the article in Elsalvador.com.

$10 Million for SMEs of the Region

July 2009

Costa Rican, Guatemalan and Panamanian SMEs will be able to tap a $10 million fund by Scotia Leasing, for financing projects.

Some 100 small and medium companies will benefit from the financing made available by Scotia Leasing Costa Rica, Scotia Leasing Guatemala and Scotia Leasing Panamá. The funds were provided for loan by the Interamerican Investment Corporation (IIC).

Support plan for small business launched in Nicaragua

December 2008

The program was launch by the Association of Producer and Exporters (Apen), the organism which won the international contest by the EU for the internationalization of Small Businesses and for which they will received $1.5 million in financing.

Enrique Zamora, president of Apen, explained that they participated in the contest along with financial development company from Mexico and all the chambers from Central America.

IDB offers $30 million to Central American Small and Medium sized businesses

November 2008

The Inter-American Investment Corporation (IIC), an IDB affiliate, hopes to become a financial alternative for small and medium sized businesses.

John Beckham, corporate project coordinator of the IIC, explained that they have not set an amount per country since the entity will respond to demand.

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