The Minister of Housing, Michelle Sol, and the President of ANDA, Frederick Benitez, verified this Wednesday the progress of the project to introduce potable water in homes in the communities of Paso Puente, Xochilt, and Monseñor Romero in the municipality of Tonacatepeque, San Salvador.
Thousands of micro, small and medium entrepreneurs are being affected because some deputies of the Legislative Assembly do not want to approve the $250 million funds from the Inter-American Development Bank (IDB), which includes financial support for these sectors of the economy, denounced the president of the Development Bank of El Salvador (BANDESAL), Juan Pablo Durán.
The Government of El Salvador, through the National Commission for Micro and Small Enterprises (CONAMYPE) presented the Policy for the Promotion of MYPE Participation in the Public Procurement Market.
IDB Invest, a member of the IDB Group, has granted a $30 million loan to LAAD Americas N.V., a subsidiary of Latin American Agribusiness Development Corporation S.A. (LAAD). The financing, with a five-year term, will support small and medium-size agribusiness enterprises (SMEs) financed by LAAD that have been affected by the crisis generated by Covid-19.
The European Union, together with the Central American Bank for Economic Integration (CABEI) and the German Financial Cooperation through KfW, launched the program to facilitate financing for micro, small and medium-sized enterprises (MSMEs), through the National Commission for Micro and Small Enterprises (CONAMYPE), for the enterprises affected by Covid-19.