February 8, 2019 |
IDB Invest has granted $104m in loans to support loans for small businesses in Guatemala and Panama.
The multilateral lender supplied a $75m for Banco G&T Continental in Guatemala to increase financing for small and medium-sized enterprises (SMEs), especially companies run by women.
SMEs represent more than 90% of registered businesses in Guatemala, but they face scant access to loans and financial services, IDB Invest said in a press release.
IDB Invest also said it has arranged a $29.3
Multilateral lender supplies $75m for G&T Continental in Guatemala and $29.3m for Metrobank in Panama