It is estimated that by 2019 there were 396,796 microenterprises operating from homes in the country, 10% more than the 361,404 reported at the end of 2018.
On average, each microenterprise has 13 years to develop its economic activity, but there are differences by sector: in the agricultural sector, the average is 20 years, in the industry sector is 14 years, in the trade sector is 12 years and in the service sector microenterprises have on average 11 years developing their economic activity, reported the National Institute of Statistics and Censuses (INEC).
During 2017, there were 361,000 microenterprises operating from households in the country, 14% less than those reported in 2017.
The National Household Microenterprise Survey (Enameh) 2018 details that this type of companies generated 600,444 jobs in 2018, including the owner of the activity. In 2017, the employment generated was estimated at 768,258 people, which implies that there was also a negative variation in the capacity to create employment (-21.8%).
28% of the SMEs in Costa Rica stated that obtaining a municipal permit to start operations was the most complex procedure, while another 17% says that the process of registering with the department of Taxation is the most onerous.
According to theIII National Survey of MSMEs, prepared by the State University at a Distance (UNED) and the University of Costa Rica (UCR), for micro, small and medium enterprises (MSMEs) obtaining a municipal patent for operation and registering as a new taxpayer, are the two procedures that most affect the start up of their operations.
In 2017, microenterprises in Costa Rican households generated 768 thousand jobs, and increased their activity by almost 13% compared to 2015.
According to the "National Survey of Household Microenterprises 2017", in "...household microenterprises, service activities prevail, such as food services, beauty treatments, transportation, gardening, "chambas" (odd jobs), among others (42.2%), followed by retail sales, at home and on the street (22.6%), then follows industry, with clothing, bakery, construction and others (20.9% ), and finally agricultural micro-enterprises that cultivate coffee, bananas, beans, livestock, artisanal fisheries, among others (14.3%)."
Firms interested in providing the service must submit their application electronically, complying with the technical requirements established, such as delivery time, quality and other things.
From November 5 applications will be received from companies or individuals who are interested in providing uniforms, shoes and school supplies to 1.4 million students.
Panama is looking to incorporate into the formal sector 185,000 micro businesses who have annual sales of less than $150,000 .
From a report by the Cabinet of the Presidency of Panama:
The Cabinet gave approval to a bill that creates Limited Liability Microenterprises ('Microempresa de Responsabilidad Limitada' or MRL) and providing incentives for the inclusion of the informal sector in the formalized economy and authorizing the Minister of Trade and Industry, through Cabinet Resolution to submit the rule to the National Assembly.
The 10% increase projected by the government will add to the increased taxes and extortion payments that they are required to pay to criminal gangs.
"... The National Council of Small Business of El Salvador (CONAPES) is urging the deputies of the Legislative Assembly to take into account the financial difficulties which the sector has faced in the last two years," noted an article in Elsalvador.com.
The Federation of Credit Unions in El Salvador hsa signed a $20 million loan with the IDB for the construction and renovation of municipal markets.
Macario Armando Rosales, president of Fedecrédito said that funds from the Inter-American Development Bank will be directed to the municipalities through long-term loans.
The program aims to improve the conditions under which products and services are sold for large number of micro and small entrepreneurs.
The catagories that will be awarded prizes are agriculture, the service industry, handicrafts, trade and production.
The Citi Foundation and the Network of Microfinance Institutions will award the " Premio Citi a la Microempresa Guatemala 2011", which aims to encourage the growth of microenterprises in the country.
An article in Elperiodico.com.gt states: "the evaluation will take into account all micro businesses whose sales do not exceed $32 thousand per year and do not have credit with more than 2 microfinance institutions. The date for submission of proposals begins on 11 August and closes the 16th of August, the awards will be held on October 27."
The American Forum on Microenterprise (Foromic) will be held in San José, the Costa Rican capital, between 10 and 12 October this year.
The event is organized by the Multilateral Investment Fund Inter-AmericanDevelopment Bank (FOMIN) in collaboration with the Costa Rican Ministries of Finance, Economy, Trade and Industry.
A central theme of this year's Foromic will be access and inclusion of micro and small producers in economic activity via improved access to financial services, markets for their products and basic services. Also under discussion are issues such as public policy for micro-businesses, transparency in the micro-finance sector, micro-franchising, clean energy, youth and entrepreneurship, savings and technology. Registration for participants in Foromic starts on 1 June.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...