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.