# SME financial support initiatives in Latin America

> Live situation record from CLSTR: https://clstr.news/situations/sme-financial-support-initiatives-in-latin-america
> Updated: 2026-10-13T19:53:17.000Z. Sources: 15. Developments: 2.

In September 2026, Costa Rica’s Sistema de Banca para el Desarrollo (SBD) announced the allocation of ₡81,516 million in productive credit. These funds are intended to support micro, small, and medium-sized enterprises (SMEs) and entrepreneurs for purposes such as working capital, equipment acquisition, and infrastructure expansion. Minister of Economy, Industry, and Commerce María del Milagro Solórzano noted the resources aim to strengthen projects and contribute to community well-being.

In the Dominican Republic, Banco Santa Cruz launched its ‘Business Season 2026’ initiative to support SME growth. The program offers financial solutions including preferential interest rates, commercial loans, and leasing options. Additionally, the initiative provides professional development through training and advisory services covering topics such as business formalization, profitability, and the use of artificial intelligence.

## Timeline

### 2026-10-13: Banco Santa Cruz launches 2026 initiative to support SMEs

Banco Santa Cruz has announced its ‘Business Season 2026’ to support Dominican SMEs through preferential rates, leasing, and specialized training in areas like AI and sustainability.

10 sources. https://clstr.news/cluster/san-luis-potos-to-host-first-lgbtiq-market

### 2026-10-12: SBD allocates ₡81 billion for SMEs and entrepreneurs

Costa Rica's Sistema de Banca para el Desarrollo (SBD) has ₡81,516 million available for productive credit to support SMEs and entrepreneurs with working capital, equipment, and expansion.

5 sources. https://clstr.news/cluster/sbd-allocates-81-billion-for-smes-and-entrepreneurs

---
Cite as: SME financial support initiatives in Latin America. CLSTR, https://clstr.news/situations/sme-financial-support-initiatives-in-latin-america