Support plan for small business launched in Nicaragua
The program was launch by the Association of Producer and Exporters (Apen), the organism which won the international contest by the EU for the internationalization of Small Businesses and for which they will received $1.5 million in financing.
Friday, December 19, 2008
Enrique Zamora, president of Apen, explained that they participated in the contest along with financial development company from Mexico and all the chambers from Central America.
The project seeks to establish mechanisms to collect credit information and evaluations in order to facilitate access to financing for small and medium businesses.
Honduran Micro, Small and Medium Enterprises will be entitled to easy loans for importing machinery and technology, to improve their production.
Its predicted that a thousand jobs will be created by the Businesses and Employment Program of U.S. Agency for International Development in 2013 from the support provided to small and medium businesses in Nicaragua.
The funds provided by the EU and Holland will go toward the Crear Empresas ("Business Creation") Program
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