$20 Million for Small and Medium Sized Businesses in El SalvadorWith a credit from the BID, Banco Agricola will expand its loan program for micro, small, and medium sized businesses (MiPyMEs acronym in Spanish).Friday, June 26, 2009 ![]() “The approval of the loan from the Inter-American Development Bank (BID acronym in Spanish) to Banco Agricola allows us to offer resources that are currently available to meet the needs of the credit market in El Salvador. And to continue supporting, especially, micro, small, and medium sized businesses, exactly as we have been doing in recent years,” said Juan Gonzalo Sierra, Financial Manager of Banco Agrícola. Source: Inter-American Development Bank Credit access project for Panamanian Micro, Small and Medium sized businessesNovember 2008 The project seeks to establish mechanisms to collect credit information and evaluations in order to facilitate access to financing for small and medium businesses. $26.8 Million For Small and Medium Businesses in NicaraguaJuly 2009 With the fund provided by the Inter-American Development Bank (BID, acronym in Spanish), 29 projects will be executed for small and medium businesses. IDB offers $30 million to Central American Small and Medium sized businessesNovember 2008 The Inter-American Investment Corporation (IIC), an IDB affiliate, hopes to become a financial alternative for small and medium sized businesses. IDB, BBVA Panama sign $15 million to boost lending for small businessMarch 2010 BBVAP and IDB signed documents for a $15 million loan to provide BBVAP with long-term funding to support its lending to small and medium-sized enterprises. |
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