Guatemala: Land Fund Forgives Delinquencies

The institution will forgive accumulated and delinquent payments for those lands purchased with the Land Fund (Fondo de Tierras).

Thursday, April 2, 2009

The measure to forgive all interests on surcharges for delinquencies and 99% of accrued interests applies to loans requested between 1998 and March 2009. The charges will be reset after January 1, 2011. "Therefore, the amnesty also includes interest on loans between 2009 and 2010."

According to an article in, the manager of the Land Fund (FONTIERRAS), Luis Fernando Peña, said: "The hope is that with this dissipation (of interests) we can recover capital, but the most important factor is that there would be a reduction of land conflicts because of debt accumulation."

Market Intelligence

Everything about loans imports in Guatemala.

Top importers - Quantities, amounts and prices.

more info

More on this topic

Scarce Credit for Honduran Agriculture

October 2012

Only 2.8% of the loan portfolio is for the private sector in agriculture.

The figure corresponds to $223 million out of the $7.97 billion in private sector lending by the banks in Honduras, according to central bank data, and is a significant decrease compared to the end of 2011, when the rate was 4.9% .

Costa Rica Signs Agreement for $2 million to MSEs

October 2011

The funds will be used to improve the competitiveness of MSEs in the Huétar Norte region and expand rural credit services in the South Central region.

A press release by the Inter-American Development Bank (IDB) reads:

IDB President Luis Alberto Moreno today signed agreements for two projects run by the Multilateral Investment Fund (MIF) to the amount of U.S.

Nicaragua: $22 million for Loans

June 2011

Procredit Bank will provide financing to agricultural and commercial sectors.

Consolidation in the market and granting loans to new segments such as the housing and agriculture sectors, are part of the objectives of the representatives of Procredit Bank, which has opened its twenty-fifth branch in the country.

Nicaragua: $ 20.6 Million for Microcredit

March 2011

60% of the funds will go to small and medium size farmers.

Representatives of the Foundation for Rural Social and Economic Development (Fundesers) noted that about 36 thousand customers will be benefited with a line of credit.

"In the last two and half months Fundeser has recovered foreign funds for up to $ 1.2 million dollars, which will contribute in financing the planned growth for this year," reported

 close (x)

Receive more news about Finance

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Costa Rica Coffee Farm and Development Property

Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water, power. Great Location, close to everything
Ideal area for living or developing an ecologically...

Stock Indexes

(Jul 20)
Dow Jones
S&P 500


(Jul 21)
Brent Crude Oil
Coffee "C"