The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions.
In these tough economic times where banks have increased interest rates that make it harder to get unsecured loans, a simpler way to get a loan is heaven-sent. The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions. Here, you don’t need a guarantor, security, or a good credit rating. Besides, the loan is instant, unlike other institutions where you would have to wait a minimum of 30 days. If you need a loan from Tala, you have to download the app first. This Tala loan app download guide will help you to install the app on your device.
In Costa Rica a law has been proposed that would benefit tourism businesses suffering from financial problems - caused by the 2008 crisis!! -, readjusting their debts and repurchasing and returning their lost assets.
EDITORIAL
Beyond the dark aspects of the bill - among them that it is not known who the beneficiaries are - its purpose seems rude and unfair to entrepreneurs who managed to overcome the crisis of the last decade through proper management and undoubtedly a lot of sacrifice, and who today have healthy companies.
An adequate legal framework is needed for the healthy and steady development of institutions engaged in microfinance.
The Association for Research and Social Studies (ASIES) has published a study on the essential institutional strengthening of microfinance in Guatemala, with its own data and references it reports from the Secretariat for Economic Integration (SIECA) on "The Importance of the Micro Financial Sector in Central America ".
The Commercial Office of Central America CATO has a website where Central American companies can promote their products to export to the Asian island.
With the aim of promoting Central American SMEs and boosting Taiwanese investment, the Commercial Office of Central America together with the Embassy of Honduras in Taiwan has inaugurated the website www.cato.com.tw , which allows entrepreneurs in the region to showcase their products in the Taiwanese market.
The website for the "Business Intelligence System of the Association Agreement between Central America and the European Union" summarizes the regulatory framework, procedures, market information and other topics of interest to exporting SMEs.
The Ministry of Economy of El Salvador has put online a "Business Intelligence System of the Association Agreement between Central America and the European Union", a website which aims to present the content and the benefits of the Association Agreement in a format which is simple and accessible, so that Central American exporters and importers can receive this information and maximize opportunities.
SMEs in developing countries could generate jobs and significant growth by taking advantage of the market opportunities offered by clean technologies.
From a report by the World Bank:
SMEs in developing countries could generate significant growth and jobs if they take advantage of market opportunities that offer clean technologies, which reach up to $1.6 trillion.
The State's role is not to teach entrepreneurs how to do things, but to remove obstacles so that they can create wealth.
Editorial
It is remarkable how the role of the State has been misrepresented, especially in some countries in the region. The primary functions of governments are being carried out at half measures or not being done at all: the insecurity of people and goods is increasing, justice is neither swift nor effective, health and education services are only for those who can afford them, and public infrastructure is a far cry from the taxes that correspond to paying for it.
Through a mutual fund, the World Bank and other multilateral institutions, will be awarding $50 million to finance small and medium enterprises in the region.
With a mix of capital and a long-term soft loan the III Caseif fund, managed by Lafise Panama, will have $50 million for small and medium businesses who require funds to finance their operations.
International bureaucrats are touring Central America offering up the ALADI as a means of doing business with South American countries, while the president of Argentina is preventing firms in her country from using ports in Uruguay.
Editorial
Our comments are the same as they were one year ago when Uruguayan diplomats toured the area in order to promote a free trade agreement with Mercosur; in terms of trade integration, South America is a bag of cats where what prevails is the will of two giants, Brazil and Argentina, with the aggravating circumstance that the current government of President Fernández de Kirchner, in the exact same manner as his deceased predecessor Néstor Kirchner, manages and controls Argentinian international trade by pandering to the needs of immediate populist policies, regardless of the agreements they have signed.
A promotion exercise is being carried out of the "Best Service" certification in the region in order to improve service and positioning of SMEs in tourism.
In order to improve the service and prestige of small and medium tourism enterprises in the region, the Federation of Tourism Chambers of Central America (FEDECATUR) is promoting the "Best Service" certification.
Small and medium enterprises in the region, especially in the food sector, have great opportunities to export to the European market.
This was explained by Ingrid Figueroa, director of the Regional Center for the Promotion of MSMEs (Cenpromype), an agency of the Central American Integration System (SICA).
Aspects such as quality, standards, certifications and seals of approval are elements that European consumers evaluate before acquiring goods that are produced in the region, therefore this must be made known to the producers. "For a small company that has not met the requirements of the European market it can be a complex issue," she said.
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 .
From November 27 to December 1 the Fair of the Americas will be held in Florida, USA, an event which involves some 500 SMEs from Central America.
This event is considered the largest showcase for Central American products in America. "At its launch in Nicaragua, Eduardo Arroyo, president of the Fair of the Americas, encouraged entrepreneurs to participate in the event, which will guarantee being put in contact with a market of 300 million consumers ...", reported Laprensa.hn article.
In April and May, two Peruvian trade mission will visit Panama, Costa Rica and Guatemala in search of business opportunities.
The Exporters Association of Peru (ADEX) has organized two trade missions from companies from various sectors and foreign trade students from Peru.
Gestion.pe reports that "the first exploration mission from the imports and logistics sector will be held from 16th to 20th of April in Panama and aims at learning about the trade and development opportunities in this country which trades with the world more than $18 billion and through which passes 14,000 ships and more than 12 million containers a year. "
Colombian SMEs see an opportunity to position themselves in Central America, alongside the corporations from that country that have already landed in the region.
Examples are Sirius and Cosméticos Bachué, two companies out of the nearly 200 SMEs interested in finding a place for their products in Central America and the Caribbean.
"Alvaro Gomez, director of the trade office Proexport in Costa Rica, said the country needs to double its power generation levels over the next eight years. This opens up great opportunities for electrical companies, like Sirius, in a country which in 2012 exported goods and services worth $274.4 million," noted an article in Elcolombiano.com.