CABEI and Banco Industrial boost Guatemalan MSMEs with financing
Banco Industrial, a private financial institution in Guatemala, will receive a 35 million dollars financing program from the Central American Bank for Economic Integration (CABEI) to provide working capital support to Guatemalan micro, small, and medium-sized enterprises (MSMEs), facilitating their access to financing under competitive conditions to boost their growth and sustainability.
The funds, intermediated by Banco Industrial, will be channeled through loans to MSMEs with up to 100 employees, as well as to individuals with productive initiatives seeking to improve their competitiveness. This financial support for Banco Industrial is part of CABEI’s MSME Support Program, which aims to channel resources through financial institutions with global lines of credit to strengthen business development in the region.
