Entrepreneurial Development and promotion of micro, small and medium sized enterprises in Central America (DINAMICA I)

Support to SMEs

COUNTRIES

Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama

DATES

Dec/2013 - Sep/2022 COMPLETED

PROJECTED TOTAL INVESTMENT SIZE

€ 54 352 000

EU CONTRIBUTION

€ 3 952 000

SECTOR

Support to SMEs

TYPES OF SUPPORT

Technical Assistance

DESCRIPTION

DINAMICA focused on promoting entrepreneurial and private sector development for employment and income generation in order to contribute to economic development and poverty reduction in Central America. More specifically, the project, which was led by KfW and implemented by CABEI, aimed at:

Promoting the entrepreneurial environment in order to facilitate the creation of new and innovative enterprises;
Supporting financial sector development in order to provide adequate access to finance for MSMEs.

RESULTS

DINAMICA has supported more than 10 Entrepreneurial Development Centers, over 93 new and innovative enterprises, and 9 financial institutions.

LEAD FINANCING PARTNER

CO-FINANCING PARTNERS

CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS