$3 million for small and medium sized companies in Guatemala

The Inter-American Investment Corporation signed an agreement with the Eastern Financial Company to channel $3 million in credit for the companies.

Monday, December 15, 2008


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Steven Reed, sub general manager of t he IIC, said that the agreement is very important due to the financial crisis and reaffirms the IDB's commitment to supporting the region during difficult times.

Pedro Aguirre, president of the Eastern Financial Company, highlighted the fact that they still do not know what the effects of the biggest crisis ever seen will be, but that it "will depend on what we do as a productive sector to generate well-being and productivity in the country."



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