dinero_admin 
Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE) has US$20 million invested in two trusts aimed at facilitating access to financing for micro and small businesses in the country. This was announced by the institution’s president, Paul Steiner, who explained that these resources are managed through partnerships with the Banco Hipotecario and Banco de Fomento Agropecuario (BFA), as part of a financial inclusion strategy promoted by the Government.
Steiner highlighted that these funds are part of FECAMYPE, one of the programs designed to bring credit to entrepreneurs and small business owners who have traditionally faced difficulties accessing the financial system. He explained that one of the most in-demand options is the Línea Mujer, which offers financing from US$1,000 to US$100,000 for women entrepreneurs seeking to start, strengthen, or expand their businesses.
The official noted that, in addition to providing resources, the institution is working to ensure that more financial entities understand the characteristics and needs of micro and small businesses, especially those led by women. He indicated that the goal is to expand credit opportunities for a sector that represents significant potential for economic growth and job creation.
During the interview, Steiner also highlighted CONAMYPE’s efforts to strengthen women’s entrepreneurial skills. As part of these actions, he announced that a new group of participants in the Mujer y Negocios program will graduate this week in 23 districts across the country. He explained that the initiative includes incubation processes for new ventures and acceleration for existing businesses, with the aim of helping them grow and overcome subsistence levels.
The president of CONAMYPE stated that the country’s current climate of security has contributed to an increase in the creation of new businesses. He noted that more people feel confident enough to invest their resources and undertake economic activities, which has boosted the dynamism of the MSME sector.
She also highlighted the work done through the Art and Design Festival, a platform that supports entrepreneurs in the creative and fashion sectors. Steiner indicated that the initiative has allowed salvadoran brands to consolidate and open export opportunities, to the point that nearly 90% of the new brands created within the program manage to export during their first year of operation.
Finally, she reiterated that CONAMYPE maintains a broad support network for entrepreneurs through regional centers, virtual services, and the Micro and Small Business Development Centers, developed in conjunction with universities. In addition, there are training programs and courses aimed at high school students, with the goal of fostering an entrepreneurial culture from an early age and providing tools for business management.
You can also read:
