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Central America

Department: Lending and Investment
Project Name: Financial Sector Support Facility for MSMEs
Project Description: This regional facility is part of the Emergency Support and Preparedness Program for COVID-19 and Economic Reactivation (the Program) initiated by CABEI, with an aim to support MSMEs affected by the COVID-19 pandemic, through a comprehensive assistance package including loans, credit guarantees, start-up seed capital, and capacity building among others. The loan proceeds provided by the TaiwanICDF are channeled through CABEI to be further on-lent by CABEI's network of financial intermediaries to MSMEs, as a means to help MSMEs meet their liquidity needs during the pandemic and reactivate their operations in post pandemic times.
This facility is expected to contribute to the economic revival of of Central American countries.

Region: Central America
Project Objectives: Providing liquidity to micro-, small and medium-sized enterprises (MSMEs) in eligible countries and contributing to their adaptation, solvency, and recovery in the face of the COVID-19 pandemic.
Executing Agency: Central American Bank for Economic Integration (CABEI)
Implementation Arrangement: The TaiwanICDF enters into a loan contract with CABEI. CABEI will use the loan proceeds together with its own funds and resources from other donors to lend to partnered financial intermediaries which will further lend to MSMEs. The eligible financial intermediaries are banks, non-bank financial institutions, cooperatives and rural savings banks, which have signed a credit line with CABEI in compliance with CABEI's selection criteria.
Project Manager: SU,YiChung
Phone: 886-2-28732323ext.508
E-mail: y.c.su@icdf.org.tw
Approval Date: 2020/8/28
Sector: Economic Infrastructure and Services
Sector Item: Banking and Financial Services
Borrower: Central American Bank for Economic Integration (CABEI)
Cooperating Country: Central America
Cooperating Organization: Central American Bank for Economic Integration (CABEI)
Project status: Projects under implementation
  • Hits:1239
  • Date:2020/8/31
  • Date Updated:2020/9/10