Wednesday, 25 September 2019 21:51

Walmart supports agricultural SMEs with training

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Between 2018 and July of this year, purchases of more than US$6 million in local agricultural products have been made.

Walmart El Salvador's Tierra Fértil volunteer program conducted a series of trainings for 16 agricultural producers from different parts of the country. The objective is to provide technical support to SMEs in the safe management, and application of agrochemicals.

Saturday, 29 June 2019 10:29

16 MSEs will have capital to work with

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The International Day of Micro and Small Enterprises (MSEs) is commemorated every 27 June. The National Commission for Micro and Small Enterprises (CONAMYPE) recognizes the contribution that these enterprises have in the generation of more than 850,000 jobs created by approximately 317,795 establishments.

Within this framework, the new President of CONAMYPE, Paul Steiner, made an important announcement so that micro and small enterprises in the country can be part of the funds that are in competition and that will serve as investment capital for those companies that are winners and thus implement innovation projects.

Credicomer, the best financial ally for salvadorans, recently launched three lines of credit for its micro, small, medium and large enterprise clients.

These lines offer entrepreneurs credit without a guarantor, and without the need to present collateral securities, or mortgage guarantees to support their projects. The financing is for microenterprises up to US$7,000, for small enterprises up to US$25,000, and for medium and large enterprises up to US$125,000.

Businesses could be more successful with the use of digital payment, support among the same entrepreneurs or companies, but few are betting on this médium. This was revealed by the study presented by FUNDES.

 

In order for SMEs to be successful and continue with their operations, they need to be aware of the importance of verifying, and evaluating the risks to which their business is exposed.

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