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$9 Billion Bag Opened in Cali to Finance Small Businesses
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Entrepreneurship. Photo: Secretary of Economic Development of Cali. The credit line ‘Cali se Transforma’, promoted by the Mayor of Cali in alliance with Bancoldex, keeps more than $9 billion available to finance micro and small businesses in the city. Since its launch, the program has benefited 133 mipymes, facilitating access to capital on favourable terms and reducing dependence on informal loans. The strategy, led by the Economic Development …
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