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
€ 53 106 496
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.
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS