CAF resources for Paraguay’s financial system
“Strengthening Latin American financial systems and promoting the development of micro, small and medium-sized enterprises has vital importance for CAF, given their relevance to contribute to an equitable and sustainable development in the region,” said CAF President Enrique García.
CAF promotes the strength of financial systems at institutions in its shareholder nations, so that besides having the necessary resources to cover working capital operations for its customers, they also foster competitive financing and sustainable business development by encouraging an entrepreneurial culture and innovation.
INTERFISA’s risk rating is among the best in the Paraguay market, where it is one of the main microfinance institutions.
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CAF, JICA and Sicredi join forces to support women and rural producer
The amount represents the largest international facility ever undertaken by Sicredi, with the involvement of four internationally renowned entities: Banco Finantia, BNP Paribas, Eco.business Fund, and Sumitomo Mitsui Banking Corporation (SMBC). The funds raised can also be used in regions with a Human Development Index below the national average.
CAF-FAO: Digitization project for agribusiness with repository launch
The Food and Agriculture Organization of the United Nations (FAO), CAF -development bank of Latin America and the Caribbean-, the Ministry of Agriculture, Land and Fisheries and the Tobago House of Assembly celebrated the successful completion of the “Digitization and Innovation for the Competitiveness and Sustainability of the Agribusiness Sector in Trinidad and Tobago” project. The closing ceremony, that took place on the 29th of July, marked a significant milestone in the country's efforts to modernize and enhance the agricultural sector.