Monday, May 20

Finanzas

Ficohsa Commits to Doubling SME Loan Portfolio, Prioritizing Women-led Businesses and Financial Inclusion
Finanzas

Ficohsa Commits to Doubling SME Loan Portfolio, Prioritizing Women-led Businesses and Financial Inclusion

Ficohsa, under the leadership of Camilo Atala, announced yesterday its dedication to doubling its SME loan portfolio to $910 million within the next five years. The focus will be on supporting the growth of businesses led by women through preferential lending, insurance, and financial education. Since becoming a member of the Partnership for Central America (PCA) in July 2023, Ficohsa has already increased its SME loan portfolio in Honduras by $60 million, aiding 8,500 new entrepreneurial ventures.The significance of financial inclusion for the long-term progress of Central America was emphasized during Monday's semi-annual PCA Call to Action with U.S. Vice President Harris. At the event, Ficohsa's endeavors in this area were showcased, emphasizing its commitment to expanding financial inc...