By Clara Diago | Director
As part of the Microfinancing for Entrepreneurs in Barú Island project, during the first and second four-month periods of 2026, the following activities have been carried out:
Microenterprise Advisory Services and Social Support
Through on-site advisory services and ongoing support provided to the nine active productive units in the communities of Ararca, Santa Ana, and Barú, entrepreneurs have strengthened their knowledge and skills in areas such as time management and organization, family support networks, assertive communication, financial and accounting management, sales and income tracking, identification of sales cycles, and business profit margins. These activities aim to strengthen their entrepreneurial and business management capabilities.
Additionally, guidance was provided on digital marketing and the use of social media for commercial purposes, with the objective of increasing business visibility, strengthening market positioning, and reaching new segments of potential customers.
Loan Portfolio Monitoring
Follow-up was conducted on the repayment status of outstanding loans, with payment arrangements agreed upon in cases where fluctuations in sales or customers’ delays in paying for products and services have resulted in variations in business income and profitability.
These arrangements seek to maintain a balance between meeting families’ basic needs and fulfilling their credit obligations, while promoting the sustainability of the businesses.
Outreach and Identification of Potential Participants and Disbursement of New Loans
Three project enrollment campaigns were conducted, with the following results:
By Clara Diago | Director
By Clara Diagp | Project leader
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