El Salvador: BCIE launches the "Production Chain" program

The Central American Banks for Economic Integration (BCIE) launched the "Production Chain" program to support small and medium businesses in conjunction with a private university.

Monday, August 18, 2008

The BCIE entered into an agreement with the Francisco Gavidia University of El Salvador so that small and medium-sized suppliers of the institution can obtain their payment in one day and therefore be able to reinvest their earnings and buy raw materials.
According to a release from the BCIE, the objective of the "Production Chain" program is "to contribute to the development of micro, small and medium businesses in the region so that can have timely access to financial resources."

More on this topic

Production Chains

October 2012

An international conference is to be held with the title of “Getting the most out of Global Value Chains: Opportunities and Challenges for Latin America.”

The Ministry of Foreign Trade (Comex), the Organization for Economic Cooperation and Development (OECD) and the Inter-American Development Bank (IDB) are inviting participants to the conference entitled: “Getting the most out of Global Value Chains: Opportunities and Challenges for Latin America.”

Productive Chains

August 2012

Productive chains link suppliers and distributors to the value chain of a larger company, transferring technology to them and creating a more sustainable business.

The journalist Tatiana Gutierrez interviewed Leo Schlesinger, designated a Young Global Leader by the World Economic Forum in 2010, for the newspaper La Nacion. The following is part of the interview:

Agricultural Value Chain Finance

October 2009

Seminar covering best practices in agricultural value chains and financing its components.

The seminar is being organized to take place in Costa Rica in the second half of November, 2009.

The target audience will be representatives of financial entities active in the agricultural sector, non-financial companies with a stake in the sector (producers, cooperatives, processors, exporters, marketers, input suppliers), Government authorities, business chambers, non-governmental organizations, international organizations and academic the use of agricultural value chains as a mechanism for offering financial services to all the stakeholders involved.

Small firms offered US$1 million in loans for supplies to Café Britt

June 2008

Small-business suppliers of Costa Rica's Café Britt travel, souvenir and coffee retailer are to be offered US$1 million in loans from the Central American Bank for Economic Integration (BCIE).

The loans are to be offered under an agreement between Café Britt and the BCIE. Café Britt will back the loans.

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