This morning the Banco de Desarrollo de El Salvador (BANDESAL), through its Centro de Entrenamiento (CEDE), held the graduation ceremony of 16 entrepreneurs who completed the course: FastTrack: Plan de Inversión Bancable Vinculado a Microcrédito.

Today the Banco de Desarrollo de El Salvador (BANDESAL), launched the " Primer Programa de Acceso a Créditos " for the recovery of MSMEs, for an amount of US$200 million granted by the Inter-American Development Bank (IDB), which seeks to support sustainability.

The Banco de Desarrollo de la República de El Salvador (BANDESAL), together with the Ministry of Finance, signed today a loan agreement with the OPEC Fund for International Development (OFID), for an amount of US$35 million, to be placed in credits through Micro, Pequeñas y Medianas Empresas (MIPYMES).

Saturday, 09 October 2021 01:00

Apply for your multidestination loan through BANDESAL

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If you are one of the people who need a multidestination credit line, you can opt for the funds that Banco de Desarrollo de El Salvador (BANDESAL) offers to its clients, with the objective of supporting the financial resources of entrepreneurs of micro, small and medium enterprises (MSMEs).

Recent studies have found that digital infrastructure gaps and challenges for small and medium-sized enterprises to adopt the latest digital technologies are considered the main barriers to the growth of the digital economy, said industry experts at the Digital Innovation Day 2021 conference.

The President of the Asociación Cafetalera de El Salvador (Acafesal), Omar Flores Hidalgo, informed that within the framework of the Día Nacional de la Caficultura, they presented a balance sheet detailing the financial crisis that is affecting the sector, where small and medium producers have a debt of approximately US$200 million.

Banco Promerica El Salvador and Dutch Business Development Bank (FMO) signed an important agreement to finance loans for the development, promotion, and promotion of business loans to SMEs for an additional US$30 million, for a total of US$50 million over the last 4 years. These loans are part of Banco Promerica and FMO's strategy to support the SME sector, especially in its reactivation after the Pandemic.

Banco Hipotecario de El Salvador (BH), informed that it has enabled a special line of credit to support merchants affected by the fire in San Miguelito market, San Salvador, last wednesday, september 22, 2021.

The Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE), informed that it will hold training workshops on topics related to Bitcoin, for salvadorans belonging to Micro and Small Enterprises (MYPE).

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