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SBD approves measures to support micro and small enterprises that are facing the economic effects of COVID-19

DEVELOPMENT BANK

The action plan includes debt forgiveness, loan extensions, grace periods, and portfolio guarantees. The program will allocate ₡8 billion to the prevention, bailout, recovery, and reactivation of at-risk SMEs under the current economic circumstances.

SBD placements reach one billion colons

DEVELOPMENT BANK

In 11 years, the SBD has impacted over 250,000 micro and small enterprises and has reached almost 100% of the national territory.

Institutions join forces to promote entrepreneurship in rural areas through CREA-C

DEVELOPMENT BANK

The program aims to promote traditional consolidated entrepreneurship through consortiums.

In alliance with Aura Interactiva, SBD offers entrepreneurs and SMEs training during the COVID-19 crisis

DEVELOPMENT BANK

Learning will take place through capsules and interactive courses on the community, mental, and professional health. Register now to take part in this free initiative.

PIEA promotes the creation and development of entrepreneurship in the country’s rural areas

DEVELOPMENT BANK

The initiative has trained and assisted 300 entrepreneurs in the Caribbean and Brunca regions. The program is developed by CENECOOP, FUNDEPOS, and INCAE with Development Bank System resources.

27 new technicians at the Development Bank help to ensure SBD financial operators can better assist loan applicants

DEVELOPMENT BANK

For the first time in history, UNED held a virtual graduation from different parts of the country. An agreement between SBD and UNED allowed for creating a technical degree to train loan application processors.

Development Bank and MCJ establish an alliance to support and promote arts and cultural entrepreneurs

DEVELOPMENT BANK

The financing program has ₡500 million from the Development Bank System’s First Impact Program. The measure is part of the Costa Rica Creative and Cultural Strategy 2020-2030. The initiative includes financing through the Microfinance Economic Reactivation program of the People’s Savings Bank as an SBD financial operator.

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