Sostengo raises US$1.5 million in its pre-seed round to offer smart car insurance
Written by Evelyn Alas
Sostengo, an innovative salvadoran insurance company, raised US$1.5 million in investment funds (local and foreign), in its series known as pre seed, in order to offer accessible insurance to the underserved market in Central America, where it is estimated (according to 2019 data from the Swiss RE Institute / MAPFRE Economic Research) that around 75% of people in the region do not have insurance in any of its modalities.
Last Mile Shipping: Projections and Challenges for 2022
Written by Evelyn Alas
We are now marking two years since the COVID-19 pandemic hit. In that time, the industrial universe advanced in a way never seen before. E-commerce and last-mile shipping raised its hand as a lifeline for millions of Small and Medium Enterprises (SMEs), slowing down the closure of many businesses that represent the main economic strength of the country.
Avianca reduces requirements to achieve and maintain LifeMiles Elite status by 2022
Written by Evelyn Alas
This year, LifeMiles, Avianca's frequent flyer program, is being updated to allow more members to reach Elite status by reducing the requirements to maintain their status. In addition, it brings changes to the mileage accrual scheme, allowing miles to be earned based on the size of ticket purchased.
SISTEMA FEDECRÉDITO held the third raffle of gana fácil the promotion of salvadorans
Written by Evelyn Alas
SISTEMA FEDECRÉDITO successfully closed this day the Gana Fácil promotion with its last drawing, in which the 249 lucky winners of incredible prizes such as: 4 Volkswagen Saveiro pick up, 25 Suzuki motorcycles, 30 cash prizes of US $500.00, 40 cash prizes of US$250.00, 60 cash prizes of US $200.00 and 90 cash prizes of US$100.00 were announced.
Closing Final 2021 "COPA SISTEMA FEDECRÉDITO" U20 Reserve Category
Written by Evelyn Alas
SISTEMA FEDECRÉDITO and Liga Mayor de Fútbol (LMF), with the support of Federación Salvadoreña de Fútbol (FESFUT), held the final of the Copa SISTEMA FEDECRÉDITO tournament, U-20 reserve category, in which Santa Tecla F.C. was the champion.
50 argentine businessmen to visit El Salvador in 2022 to initiate cooperation projects
Written by Evelyn Alas
The President of the Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, indicated in a morning interview that on february 27, 2022, a group of 50 argentinean investors will visit El Salvador, in order to initiate new cooperation projects.
Isuzu once again reinforces its commitment to salvadoran society this Christmas season through its campaign "Toneladas de Amor", with the purpose of bringing joy and encouragement to the Hogar de Ancianos San Vicente de Paúl, in San Salvador.
BANDESAL invested US$400 million to subsidize 13,500 companies in the country
Written by Evelyn Alas
The President of Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, informed in a morning interview that the institution has subsidized more than 13,500 companies, delivering close to US$400 million.
During 2021 BFA expands its operations in rural areas with 4 new rural banks
Written by Evelyn Alas
Banco de Fomento Agropecuario begins operations in Caja Rural Anamorós, Department of La Unión, bringing its products and services closer to the most vulnerable populations in surrounding areas such as: Lislique, El Sauce, Nueva Esparta, Polorós, and Concepción de Oriente.
