{"id":1894,"date":"2015-08-26T08:25:22","date_gmt":"2015-08-26T08:25:22","guid":{"rendered":"http:\/\/progresomicrofinanzas.org\/?p=1894"},"modified":"2017-11-30T10:43:21","modified_gmt":"2017-11-30T10:43:21","slug":"greater-access-to-finance-for-small-entrepreneurs","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/greater-access-to-finance-for-small-entrepreneurs\/","title":{"rendered":"Greater access to finance for small entrepreneurs"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right\"><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/1894?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/1894?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div><p style=\"text-align: justify;\">The Fondo Ganadero de Paraguay (FG) is a State-owned financial institution for technical assistance and development. Its main purpose is to provide financial and technical help to the country\u2019s livestock farmers.<\/p>\n<h3 style=\"text-align: justify;\">Purpose<\/h3>\n<p style=\"text-align: justify;\">The bill authorises FG to issue bonds in order to reinvest the proceeds in loans exclusively for financing productive activities of micro, small and medium sized enterprises in the private livestock sector.<\/p>\n<p style=\"text-align: justify;\">The redemption date for the bond issue is three years. Microcredit may be granted to micro livestock enterprises that may not be for more than 25 times the prevailing minimum wage (USD 10,400); for small and medium sized enterprises, it may not be more than 2% of the minimum capital for financial institutions (USD 67,000).<\/p>\n<h3 style=\"text-align: justify;\">Access to the capital markets<\/h3>\n<p style=\"text-align: justify;\">This bill gives the FG the possibility of raising low-cost funding on the capital markets at rates below those offered by banks, so that this can be reinvested by placing loans under favourable conditions for microentrepreneurs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fondo Ganadero de Paraguay (FG) is a State-owned financial institution for technical assistance and development. Its main purpose is to provide financial and technical help to the country\u2019s livestock farmers. Purpose The bill authorises FG to issue bonds in order to reinvest the proceeds in loans exclusively for financing productive activities of micro, small [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":3749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"class_list":["post-1894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","numero-4-en","seccion-published-and-draft-legislation-microfinance","pais-paraguay-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greater access to finance for small entrepreneurs<\/title>\n<meta name=\"description\" content=\"Its main purpose is to provide financial and technical help to the country\u2019s livestock farmers\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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