A. M. 
Alonso Zuniga / Photographer / Producer
In a recent interview with Dinero.com.sv, the President and CEO of FEDECRÉDITO, Macario Armando Rosales Rosa, highlighted the entity’s commitment to financial inclusion and the adoption of new technologies in Latin America and the Caribbean. During the interview, Rosales spoke about the launch of an event in collaboration with the Federación Peruana de Cajas Municipales, which seeks to bring together microfinance organizations in the region to share knowledge and tools to facilitate access to financial services for small producers and entrepreneurs.
The event focuses on the implementation of innovative technologies and risk methodologies, key aspects to improve financial penetration in communities that do not yet have access to these services. Rosales stressed the importance of offering concrete solutions to those who wish to start a business or open a savings account, mentioning that FEDECRÉDITO has launched a program that encourages people to open their first savings account by giving them a dollar for doing so. Despite the challenges, the initiative has managed to open more than 50 thousand accounts, with an ambitious goal of reaching 100 thousand.
Rosales also mentioned that the recent economic reactivation has favored microfinance companies, allowing their executives to reach previously inaccessible areas. This reactivation has had a positive impact on sectors such as real estate, where property values have increased significantly in previously disadvantaged areas, such as Soyapango. FEDECRÉDITO has facilitated financing for these transactions, boosting the recovery of these areas.
Growth is not limited to housing. Tourism has been another sector that has seen an upturn, with investors interested in developing businesses in exclusive tourist areas. Rosales pointed out that the Salvadoran diaspora has played a fundamental role in this growth, investing both in properties in the country and in businesses abroad.
Rosales also emphasized that FEDECRÉDITO continues to support the Salvadoran community, both inside and outside the country, offering financing for the purchase of homes, property improvements and the creation of new businesses, thus contributing to the economic development of El Salvador.
