$ 8 Million for Salvadoran SMEs

The IFC approved a loan for Financiera Integral, designed to provide credit to Small and Medium Enterprises.

Thursday, December 2, 2010

The funds will also be used for granting loans for housing and agriculture.

"In 2009, the company gave credit for 41.255 different areas, an amount less than that recorded in 2008 when loans were granted for 53.618 different areas," reports the article in Elsalvador.com.

More on this topic

SMEs Lent Only 39% of Available Capital

October 2012

In Costa Rica there are 45 credit programs for SMEs, which in the first six months of 2012 placed $582 million, 66% of which were for the services and trade sectors.

A statement from the Ministry of Economy, Industry and Commerce (MEIC) reads:

Financial institutions placed 242,757,000 colones ($582 million) in loans to SMEs during the first half of 2012

$15 Million for Guatemalan SMEs

March 2011

DEG, the German Investment Corporation granted local bank "Banco de Los Trabajadores" (Bantrab) a credit line to lend to Small and Medium Enterprises.

Mauricio Álvarez, strategic planner at Bantrab, explained they had also negotiated credit lines with Dresdner Bank, Wells Fargo and the Central American Bank for Economic Integration.

Support plan for small business launched in Nicaragua

December 2008

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.

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.

$20 million to stimulate foreign trade in Guatemala

December 2008

The IDB announced the granting of a million dollar loan to promote foreign trade in the country.

The use of the loan will be focused primarily on the search for new markets for small and medium companies.

The financing will be used to promote exports, trade missions, participation in specialized fairs, and the identification and development of new export opportunities for the companies.

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