According to the Observatory of Micro and Small Enterprises (MSE), investment in MSEs improved compared to previous months, since 25.8% of entrepreneurs said they invested more than the previous quarter in their business, this percentage is 5.1 points lower than the previous quarter.

Banco Promerica El Salvador and DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH signed a new subordinated debt agreement whose funds will be used to strengthen the credit line for women-led businesses, green loans, and small and medium-sized enterprises.

In El Salvador, the Central American Bank for Economic Integration (CABEI) has supported MYPIMES with more than US$12 million in loans; more than 103 micro and small enterprises have been strengthened with non-refundable resources from Small Grants.

Saturday, 04 May 2024 05:26

CONAMYPE launches "Loyalty Program for MSEs"

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The Comisión Nacional de la Micro y Pequeña Empresa CONAMYPE) together with the Recursos provenientes de la Privatización de ANTEL (FANTEL) and in coordination with strategic allies launched the "Loyalty Program for MSEs".

During a television interview, Paul Steiner, President of the Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE), highlighted the growth of business creation in El Salvador, which has represented an important milestone in terms of economic development of families and the country in general.

More than 45 entrepreneurs were benefited in the session of Business between Partners held by the Cámara de Comercio e Industria de El Salvador (Camarasal)Sonsonate branch.

 

Monday, 15 April 2024 01:47

Keys to start a business with little money

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Starting a business with limited resources may seem challenging, but it is an opportunity to deploy creativity and innovation. In a world where entrepreneurship is constantly on the rise, access to large sums of money is no longer an absolute requirement to launch a successful venture.

During the second day of the SNBX INNOVATION SUMMIT, the representative of the Central American Bank for Economic Integration (CABEI) Mercy Ramos, presented the program being implemented by the multilateral called "INICIATIVA DINAMICA", which aims to strengthen the business ecosystem for MSMEs and especially for those new, young and / or innovative, as well as strengthening the financial sector to promote adequate access to financial services for these MSMEs at the regional level.

Banco Atlántida, a solid regional financial group with 111 years of experience in the market, reiterates its commitment to the economic development of El Salvador by participating and actively supporting "La Copa Mundial delEmprendimiento Edición 2023 - 2024" led by the Ministry of Economy of El Salvador.

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