COOPSAMA Loans & Guarantees for financial inclusion - COOPSAMA subvention Kapame COOPSAMA Loans & Guarantees for Financial Inclusion This contribution aims to implement a guarantee to facilitate access to credit for sectors subject to financing management constraints due to the lack or lack of collateral requested by financial institutions. The intervention is relevant in the context of the 2021-2025 Development Cooperation Strategy with Guatemala, in particular the objective of 'Inclusive economic development'. Main results: 3.1. promoting productive employment opportunities with decent working conditions and promoting sustainable, free and fair trade; and Strengthen women's economic empowerment. Within the framework of this objective, income generation, including small-scale agriculture, shall be promoted in particular for the benefit of women's economic empowerment. Support for legal, equal and fair access to markets for the benefit of small and micro-enterprises must also be incorporated.

The guarantee will help to support micro and small businesses and stimulate financial markets to support entrepreneurs with access to credit. In this area, financial institutions and the private sector are considered as strategic actors to meet the economic needs of the target group. In particular, sustainable income generation, including small-scale agriculture, should also be promoted for women's economic empowerment. Support for legal, equal and fair access to markets should be incorporated for the benefit of small and micro-enterprises.

The contribution is assessed to be in accordance with the Regulation (2018:2098) on guarantees for development cooperation and the Regulation (2011:211) on loans and guarantees. Denna insats syftar till att genom en garanti underlätta tillgången till krediter för sektorer som omfattas av bristande tillgång till finansiering på grund av låntagarnas brist på eller avsaknad av de säkerheter som finansinstituten begär. Insatsen är relevant i förhållande till strategin för utvecklingssamarbete med Guatemala 2021–2025, särskilt målet "Inkluderande ekonomisk utveckling". Huvudsakliga resultat: 3.1. Främjande av produktiva sysselsättningsmöjligheter med anständiga arbetsvillkor och främjande av hållbar, fri och rättvis handel samt stärka kvinnors ekonomiska egenmakt. 

Garantin kommer att bidra till att ge stöd till mikroföretag och småföretag samt individer genom att stimulera finansmarknaderna för att stödja företagare med tillgång till krediter. På detta område betraktas finansinstitut och den privata sektorn som strategiska aktörer för att tillgodose målgruppens ekonomiska behov. I synnerhet bör hållbar inkomstgenerering, inklusive småskaligt jordbruk, också främjas för kvinnors ekonomiska egenmakt. Stöd till lagligt, jämlikt och rättvist tillträde till marknader bör omfattas till förmån för små företag och mikroföretag.

Insatsen bedöms vara i enlighet med Förordning (2018:2098) om garantier för utvecklingssamarbete samt Förordning (2011:211) om utlåning och garantier. To support a guarantee instrument to facilitate access to credit for sectors that face restrictions in the management of financing, due to the scarcity or absence of collateral requested by financial institutions. Through the guarantee instrument, Sida seeks to encourage the cooperative COOPSAMA to better understand the credit risk and facilitate access to financing for entrepreneurs (women men and youth and for micro, small and medium sized companies with limited access to financial resources), which is essential to make their businesses grow and make them successful. It is expected that at the end of this contribution with COOPSAMA, the cooperative will have more experience, tools and more accessible resources to continue providing financial products to people with fewer opportunities for economic and social development.