The number of companies led by women in El Salvador has grown by 30% in the last decade, according to data from the World Bank. This progress was highlighted by the president of the Asociación Nacional de la Empresa Privada (ANEP), Agustín Martínez, during the inauguration of the Women and Business forum.
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The event was attended by five prominent business leaders from Central America, who discussed the progress and challenges that women still face in the business world. The importance of continuing to generate opportunities for female leadership in the region was highlighted.
In El Salvador there are 833,134 micro and small enterprises (mypes), of which 94% are microenterprises. The rest are small or commercial businesses, according to a study by the International Finance Corporation.
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A relevant fact is that 60% of these mypes are owned by women, surpassing the regional trend where men lead most of the businesses. This phenomenon reflects the growing role of women in the salvadoran economy.
Despite these advances, the panelists at the forum agreed that there is still much to be done to ensure equity in access to financing, training, and business growth opportunities for women in El Salvador and the region.
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