Displaying items by tag: small businesses
IDB Lab invests in digital payments for micro and small businesses in Central America
IDB Lab, the innovation lab of the Inter-American Development Bank (IDB) Group, approved an investment of $750,000 in the salvadoran startup Cubo to promote the development of digital payments in micro and small businesses in Central America and thus contribute to reduce the gap in financial inclusion.
Commission backs loan underwriting to finance small businesses
In their working session, the deputies of the Finance and Special Budget Commission issued a favorable opinion to authorize the Executive Branch of the Treasury to allow the Banco de Desarrollo de la República de El Salvador (BANDESAL) to subscribe a loan with the Inter-American Development Bank (IDB).
Credicomer gives away free first installment of small business loans
Credicomer with the firm purpose of supporting the entrepreneurial projects of small businesses in the country, offers investment loans without guarantors, without guarantees and without mortgages with quick response.
Losses in small businesses due to social networks downtime
In El Salvador, small businesses were affected due to the global fall of social networks, many of them sell or offer their products through WhatsApp, Marketplace, Messenger or Instagram.