$64 million for Small and medium size companies in Guatemala

The Spanish Financing Company for Development (Cofides) will provide $64.4 million (51 million euros) to finance local companies.

Wednesday, December 3, 2008

Some 15 companies met yesterday with representatives of Cofides, hoping to get financing for their projects; these include the Digitex call center, Automercantil Vehicle Imports, the Municipality of Guatemala, two companies from free zones, a food packaging company and an assembly company.



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IDB to help Nicaragua restore credit flow to the productive sector

October 2009

A $20 million credit line will channel funds to the financial system for onlending to micro-, small-, and mid-sized productive enterprises

The Inter-American Development Bank approved a $20 million credit line to help the continuity of the flow of credit to Nicaraguan enterprises that have been affected by the international financial crisis.

Honduras: $8 million for Banco de Occidente

December 2008

The funds will be used to finance agriculture, the environment, housing construction and for the municipalities in the country.

The loan, grated by the Central America Bank for Economic Integration (BCIE), was approved from the beginning of this year by Western Bank in order to facilitate the development of the sectors, indicated company president, Jorge Bueso.

$5 Million for Honduran SMEs

March 2010

Honduran Micro, Small and Medium Enterprises will be entitled to easy loans for importing machinery and technology, to improve their production.

The funds, granted by the Government of Taiwan, are already deposited in a bank in Honduras, explained Jhon Lai, Taiwanese Ambassador in Honduras.

Credit access project for Panamanian Micro, Small and Medium sized businesses

November 2008

The project seeks to establish mechanisms to collect credit information and evaluations in order to facilitate access to financing for small and medium businesses.

The project, which will be development over 40 months, includes an investment of $1.7 million dollars, of which 69% will be provided by the IDB's Multilateral Investment Fund; the remaining 31% will be provided by the Panama Credit Association (APC).

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