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The beneficiary countries include Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama.
This Initiative has supported salvadoran MSMEs with more than US$12 million in loans; it has strengthened more than 79 micro and small enterprises with non-reimbursable Small Grants resources; and it has more than US$6 million for allocations in technical assistance to strengthen Business Development Centers and MSMEs, as well as seed capital for innovative enterprises and MSMEs, through the Special Window of El Salvador.
The interest rate applicable to the intermediary is established in accordance with current CABEI regulations and may be reviewed every three months or sooner if necessary.
The DYNAMIC Initiative is an itripartite of CABEI as executing entity, with the support of the Government of Germany through KfW and the European Union as part of its Latin American Investment Facility (LAIF).
Translated by: A.M