Novel SMEs Program in El Salvador

With the objective of creating new growth alternatives, Fundes and Proamérica bank presented the SMEs Franchising Program.

Wednesday, July 29, 2009

This project is intended for small and medium companies already positioned in their markets, and offers them to analyze their franchising potential.

"Besides the diagnostic, the program will develop the franchises, commercialize, audit and do follow-up", said Miriam Urías, franchise program coordinator at Fundes El Salvador.

More on this topic

Salvadoran Firms Follow Franchise Model

March 2009

Franchise projects are considered an alternative for expanding operations, strengthening brands and generating more jobs.

The Director of the Finance Ministry's (MINEC) Production Development Fund (FOEX), Vladimir Velasquez, informed "The franchise appeal of investment and profits is already knocking on the doors of Salvadoran small and medium sized businesses which have taken the lead on this issue.

Costa Rica: Franchise Center Opens

April 2013

The National Franchise Centre will promote new businesses and advise international franchises on how to set up in Costa Rica.

According to Karol Fallas, coordinator of the franchise process at the Chamber of Commerce, the National Center's goal is give continuity to the Franchising project currently being developed with funding from the Inter-American Development Bank (IDB), and which ends this year.

El Salvador Analyzes Brazilian Public Purchasing Model

August 2010

The National Commission for Micro and Small Enterprises (CONAMYPE in Spanish) is evaluating the Brazilian model for inviting tenders from MSEs.

Mario Cerna, El Salvador's vice-minister for commerce, stated that this was one of the main objectives of his recent visit to Brazil.

The "Inclusive Business" Format Brings Results

June 2013

In Nicaragua, Honduras and El Salvador large scale traders and exporters are leveraging the ability of small farmers assuring them market space.

For example, in Nicaragua, 228 dairy producers who are members of the Cooperative 'Cooperativa de Productores de Leche El Triunfo RL ' (Cooproleche) are no longer exposed to having to sell their product at any price .

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