A first figure of 23 million dollars will be used to continue providing financing to small and medium companies in Central America in the manufacturing, agriculture, transport, commercial and service sectors and also to encourage companies to be more socially responsible.

Source: elnuevodiario.com.ni

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$ 45 Million for Regional SMEs

October 2010

The Overseas Private Investment Corporation (OPIC) approved funding to Lafise Bank in order to support small and medium enterprises (SMEs) in the region.

With better access to long-term credit, small-scale farmers, manufacturers and owners of retail businesses will be able to grow faster and in turn support their local economies.

$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).

Lafise Group receives $15 million from the BCIE for the productive sector in Nicaragua

October 2008

The BCIE granted a loan of $15 million to the Lafise Group to finance the productive sectors in Nicaragua.

The funds will be channeled via the Bancentro, which is a member of the Lafise Financial Group, and comes from three European organizations: the Belgian Investment Society for Developing Countries, the Finnish Fund for Industrial Cooperation and the Swiss Fund for Investment in Emerging Markets.