El Salvador: $30 Million for FedecréditoThe International Financial Corporation, part of the World Bank, will loan $30 million to Fedecrédito, for it to extend its loans to micro companies.Thursday, June 17, 2010
Armando Rosales, president of Fedecredito, explained that the collateral of these loans will be the flow of remittances sent by Salvadorans living abroad. Source: adn.es ¿Busca soluciones de inteligencia comercial para su empresa?$200 million Available for SMEsMay 2012 Fedecrédito is looking to grant $236 million more in 2012 than last year in order to expand its credit supply in El Salvador. Microfinancers in PanamaMay 2012 The demand for loans for micro and small enterprises was around $900 million over the past two years and went largely unfulfilled. El Salvador: Measures to Boost Construction SectorMarch 2011 With the support of the Banco Multisectorial de Inversiones, the Chamber of Construction expects to boost the sector through the Financial System for Development. IIC Lends $20 Million to BAC El SalvadorJuly 2010 It is estimated that approximately 300 SMEs will benefit from this operation.
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