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Tag: SMEs

Mypes are the key to the inclusion of women in the O.Medio economy

Mypes are the key to the inclusion of women in the O.Medio economy Mypes are the key to the inclusion of women in the O.Medio economy

Small independent businesses and access to banking products are the key to promoting the inclusion of women in the economic fabric of middle East and North Africa (MENA), territories where the vast majority of women They live in rural environments that mark their development possibilities. That was one of the main conclusions of the conference […]

Mexico: Moody’s foresees more credit for SMEs and risk appetite after new reform

Mexico: Moody’s foresees more credit for SMEs and risk appetite after new reform Mexico: Moody’s foresees more credit for SMEs and risk appetite after new reform

The agency Moody’s This Wednesday, he predicted more financing for small and medium-sized businesses (SMEs) as well as a greater appetite for risk in Mexico after the new reform to the Securities Market Law. “In our view, the reforms are positive for credit because they will likely help foster credit markets and banks’ risk appetite, […]

SMEs will request credits of up to S/50,000 for the Christmas campaign

SMEs will request credits of up to S/50,000 for the Christmas campaign SMEs will request credits of up to S/50,000 for the Christmas campaign

One of the most anticipated campaigns for small merchants is Christmas, date where they hope to boost their sales and close on the right foot 2023. This, in the midst of an economic recession that has hit the pockets of Peruvians. Despite this, Rodolfo Ojeda, president of the Small Business Guild of the Lima Chamber […]

Cartagena hosts the largest development banking summit with a view to sustainable finance

Cartagena hosts the largest development banking summit with a view to sustainable finance Cartagena hosts the largest development banking summit with a view to sustainable finance

Cartagena de Indias will host the fourth edition of the Finanzas en Común Summit (FiCS), the world’s largest meeting of development banks, in which the participants will try to strengthen alliances with a view to a more sustainable future. “The Summit will seek to strengthen the alliances and collaboration of the global network of PDBs […]

Nearly 80% of Reactiva Peru 1 loans have already been canceled

Nearly 80% of Reactiva Peru 1 loans have already been canceled Nearly 80% of Reactiva Peru 1 loans have already been canceled

Of the S/57,863 million placed in credits with guarantee state of the Reactiva Peru 1 program launched in the pandemic, 79.09% of the loans granted to companies have already been paid, according to information from the Superintendency of Banking, Insurance and AFP (SBS) with a cut-off of May 31 of the present anus. According to […]

They report fraud for US$ 200,000 million in support for US SMEs in the pandemic

They report fraud for US$ 200,000 million in support for US SMEs in the pandemic They report fraud for US$ 200,000 million in support for US SMEs in the pandemic

More than US$ 200,000 million would have been fraudulently paid to small and medium-sized companies in the United States from economic support programs created during the pandemic, according to an official report released Tuesday. According to the Small Business Administration, that figure is “at least 17% of the US$1.2 trillion of two programs to support […]

Net hiring of workers would grow 38% in the third quarter

Net hiring of workers would grow 38% in the third quarter Net hiring of workers would grow 38% in the third quarter

48% of Peruvian employers plan to hire new staff in the third quarter of this year. On the other hand, only 10% estimate to reduce their number of workers and 37% do not plan to make changes to their payroll during this period, according to the latest ManpowerGroup Peru Employment Outlook Survey. According to Daniel […]

“Here there is!”, the nascent private sector gains space from the state sector in Cuba

“Here there is!”, the nascent private sector gains space from the state sector in Cuba “Here there is!”, the nascent private sector gains space from the state sector in Cuba

An explosion of small shops stretches across Havana, the most visible expression of the space gained by private companies in Cuba. The so-called SMEs, authorized only in 2021, displace state businesses, which are increasingly empty. “Here there is!”, is the name of a small store recently opened in the west of the Cuban capital, where […]

The World Bank approves a US$300 million loan to support SMEs in Ecuador

The World Bank approves a US$300 million loan to support SMEs in Ecuador The World Bank approves a US$300 million loan to support SMEs in Ecuador

The World Bank (WB) approved this Wednesday a loan for US$ 300 million to expand a financial support program for small and medium-sized companies (SMEs) in Ecuador, executed since 2021 by the state-owned National Financial Corporation (CFN). The WB office in Quito indicated that the agency’s executive board in Washington approved the loan that will […]

Mypes debts will be rescheduled due to emergency after heavy rains

Mypes debts will be rescheduled due to emergency after heavy rains Mypes debts will be rescheduled due to emergency after heavy rains

The Superintendency of Banking, Insurance and AFP (SBS) authorized the entities of the financial system to adopt exceptional measures and grant a term of up to six months to the debtors of the loan portfolio, since they may have been affected by social conflicts or weather phenomena, which have led the authorities to declare certain […]