SAC Apoyo Integral and Alante Financial launch international credit line Friday, April 23, SAC Apoyo Integral and Alante Microfinance Services announced the launching of their international credit line to allow loans given to Salvadorian citizens living in the United States to be disbursed in El Salvador.
The alliance between SAC Apoyo Integral and Microfinance International Corporation (MFIC), the organization behind Alante Financial, is a significant effort to encourage and leverage international loans and remittances to El Salvador.
"International loans meet the basic need of creating better opportunities for home building or encouraging small companies, by leveraging remittances," explained Carlos Viteri, SAC Apoyo Integral’s CEO.
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| Atsumasa Tochisaco, president of Microfinance International Corporation (MFIC), and Carlos Viteri, SAC Apoyo Integral CEO. |
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