Credit for Entrepreneurs in Panama

©image: PhotoXpress

The figure comes from the study "Proposal of policy, strategy and action plan for implementation of micro-finance services in Panama", created by the Ministry of Economy and Finance, the Micro, Small and Medium Enterprises (Ampyme) and the United Nations Development Program (UNDP).

Credit options for Panamanian SMEs are reduced to three: banks, finance and government.

Angel Lopez’s article in Martesfinanciero.com guides and outlines the conditions under which entrepreneurs can access credit through each of these options.

Source: martesfinanciero.com

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Three years after its creation, the system designed to finance SMEs still finds no productive use for some $ 370 million.

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Expectations Over Credit in El Salvador

May 2012

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