From research collection, Costa Rica might have been collecting sex-disaggregated credit research for many years, facilitated of the federal ID system
The new Ministry out-of Economy, Industry and you will Trade (MEIC) provides followed particular principles to market entrepreneurship to your assistance so you’re able to female and you will youngsters given that crosscutting themes. Nonetheless, no particular means otherwise coverage was developed to promote women-owned/provided MSME financing.
Inside 2017, according to Global Findex, the brand new use of borrowing from the bank gender gap is actually 14 percent, having 75 percent for men https://kissbrides.com/hr/loverwhirl-recenzija/ and you can 61 percent for females. Twenty-three percent of one’s Costa Rican inhabitants conserved at a financial business, that have 19 percent of women protecting at the a loan company.
Now, the general Superintendency from Financial Agencies (SUGEF, Superintendencia Standard de- Entidades Financieras), the latest monetary regulator, has developed gender indications and you can intends to orientate procedures in order to link the newest gender gap.
Brand new Ministry regarding Discount, Globe and you will Commerce (MEIC – Ministerio de- Economia, Industria y Comercio) is the governing looks guilty of policies on personal initiative, business advancement and you will campaign out of business people into globe, trade and you will features groups, and for the fresh SME sector. Regarding the latter, the newest MEIC performs inside the coordination into bank system for the model of borrowing software aimed at the fresh new markets and for generating its use of digital communications attributes and you can enhance their formalization. In this feel, the newest MEIC might have been dealing with the brand new INAMU together with National Studying Institute (INA, for the phrase in Spanish) from the build and you can delivery from a certain system for women entrepreneurs: brand new Federal Program having Businesswomen.
The brand new Central Lender regarding Costa Rica (Banco Central de- Costa Rica, BCCR) is in charge of the economic and you may exchange rate rules. The new Federal Council to have Supervision of the Economic climate (CONASSIF) is the regulator and you may supervisory authority operating through the Superintendencies: > SUGEF: to have financial intermediaries (AFI associate because the 2013), > SUGEVAL: to own securities, > SUPEN: towards federal your retirement system, and you may > SUGESE: on insurance rates market.
About System away from Banking having Innovation (SBD) Operate n? 9274, blog post 8 says your SBD do structure regulations to help you counteract gender inequalities, which have financing formula and you may non-investment that enable fair access for women, with respect to access to credit, promises and you will non-financial functions and you may team development. Financial organizations one to accessibility SBD tips need, among all of their investment apps, formula one make up for gender inequalities.
Towards particular applications from INAMU, as a result of FOMUJERES (practically “the new fund for women”), a good nonreimbursable loans, earnings women that present organization attempts otherwise attempts to guard ladies’ liberties. In 2021, FOMUJERES has given assistance so you can 572 programs away from rural feminine the along the nation, that have step 1.8 billion USD. The quantity of the newest fund info since 2014 try USD 9.8 million to finance more than step three.000 productive projects.
In the long run, the newest Combined Institute away from Personal Services (IMAS – Instituto Mixto de- Ayuda Societal), employing believe FIDEIMAS (literally IMAS?Trust), written inside build of your own Laws regarding Focus on Feminine into the Impoverishment Conditions, aims at investment even more and you will subsidiary claims, because of loans having advantageous interest levels. The brand new faith offers classes, technology recommendations and you will follow-up for people or teams you to would active strategies.
step three.step one Commercial Banking institutions
Brand new monetary market from inside the Costa Rica are controlled by stateowned banking companies that enable to attain policy objectives and are usually involved with structure invention, economic addition and you can SME lending. In 2008, the nation situated the financing Funds getting Invention (Fondo de Credito para el Desarrollo) which is used to invest in applications in Program regarding Financial to own Development (SBD). In this context, personal finance companies try obliged to help you transfer money to express-possessed banks engaged in SBD.