Development Finance Agency approves credit appropriations

Credit appropriations responsible for thousands of jobs AFD says. | Courtesy of

The Development Finance Agency (AFD) has approved appropriations for small to midsize enterprises ranging, which are creating more opportunities for jobs.

The credits granted, worth $11,960,672 for 230 beneficiaries, have generated the creation of 2,200 jobs.

In May, 900 jobs were created through direct labor, and indirect labor jobs accounted for 1,370 jobs. 

Additionally, loans went toward financing 767 homes.

Over 11 years, $1.43 billion in credits have been dispersed among 58,250 beneficiaries and have created around 307,500 jobs.

Organizations in this story

Agencia Financiera De Desarrollo Agencia Financiera de Desarrollo (AFD) Herib Campos Cervera 886 c/ Aviadores del Chaco Edificio Australia Asunción – Paraguay ,

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