The CII delegation held meetings with businessmen to promote financing for investment projects.
Jacques Rogozinski, general manager of the Inter-American Investment Corporation (IIC), said funds from the CII are available for "any business from a member country which create jobs..", wrote Laprensa.com.ni.
The presidential representative for investments, Alvaro Baltodano, stated that previously, the CII only offered funding for projects over $ 2 million, but now they are making loans starting at $ 100 thousand.
The Inter-American Investment Corporation (IIC) signed a loan agreement for up to US$4 million with Café Britt Costa Rica S.A., a subsidiary of Grupo Britt, N.V.
This IIC loan will provide Café Britt S.A. with appropriate permanent working capital financing that will help it plan its operating funding requirements at the regional level.
Pablo Vargas, Grupo Britt’s CEO, said: “This is another milestone in the history of Grupo Britt.
The Inter-American Investment Corporation (IIC) approved an equity investment of up to US$1 million in preferred shares of Financiera Desyfin S.A.
The investment involves purchasing dollar-denominated perpetual preferred shares. In addition to strengthening Desyfin’s capital structure, the funds from the IIC will provide the company with direct financing to grow its medium- and long-term SME portfolio.