Honduras: $8 million for Banco de Occidente

©image: Banco de Occidente

The loan, grated by the Central America Bank for Economic Integration (BCIE), was approved from the beginning of this year by Western Bank in order to facilitate the development of the sectors, indicated company president, Jorge Bueso.

Source: elheraldo.hn

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El Salvador: Credit for construction sector denied

January 2009

The IDB and the World Bank denied the loan requested by the Salvadoran Chamber of the Construction Industry for the development of 15 projects.

Elsalvador.com reports: "At the onset of the project, the entity had programed $30 million to start the project. Now the Chamber is once again seeking funds to reactivate the sector.

Central America request support for microtourism

October 2008

Central America has asked international credit organizations and related entities for a loan of one billion dollars to facilitate the development of micro businesses in the tourism sector.

The proposal was made at the First Central American Forum on Financing for the Tourism Sector that was inaugurated yesterday in Honduras.

Salvadoran Construction Chamber negotiates $50 million

December 2008

Ismael Nolasco, general manager of the Chamber, reported that the group is negotiating financing as a alternative fund for the reactivation of the sector.

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IDB to help Nicaragua restore credit flow to the productive sector

October 2009

A $20 million credit line will channel funds to the financial system for onlending to micro-, small-, and mid-sized productive enterprises

The Inter-American Development Bank approved a $20 million credit line to help the continuity of the flow of credit to Nicaraguan enterprises that have been affected by the international financial crisis.