Fedecrédito to Finance Construction of Municipal MarketsThe Federation of Credit Unions in El Salvador hsa signed a $20 million loan with the IDB for the construction and renovation of municipal markets.Friday, July 29, 2011
Macario Armando Rosales, president of Fedecrédito said that funds from the Inter-American Development Bank will be directed to the municipalities through long-term loans. Source: elsalvador.com ¿Busca soluciones de inteligencia comercial para su empresa?More Banking Correspondents in El SalvadorJuly 2013 The Federation of Credit Unions and Workers' Banks is to open 200 points of service in shops, pharmacies, and other retail areas. $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. El Salvador: $30 Million for FedecréditoJune 2010 The International Financial Corporation, part of the World Bank, will loan $30 million to Fedecrédito, for it to extend its loans to micro companies. Alternative financing options for the private sectorOctober 2008 In times of credit crunch from the usual sources, it is appropriate to remember that there are other alternatives for financing projects.
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