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El Salvador opens credit for small enterprises

Thursday, November 7, 2013

El Salvador's Banco Agrícola opened two lines of credit, totalling $95 million, for the country's small enterprises.

The credit is being financed in a partnership with the Inter-American Development Bank.

Small enterprises account for 43 percent of El Salvador's gross domestic product, said Banco Agrícola chief executive, Rafael Barraza.

Source (in Spanish): El Salvador