Promipyme injects RD$53 million into small businesses in Barahona

Barahona, DR.- The National Council for the Promotion and Support of Micro, Small and Medium Enterprises (Promipyme) disbursed RD$53 million in loans to 310 entrepreneurs and small business owners in Barahona, marking its second large-scale credit delivery in the province.

With this round, Promipyme has channeled RD$94.8 million to 588 beneficiaries in Barahona, consolidating its push to strengthen micro and small enterprises across the southern region.

Promipyme director Fabricio Gómez Mazara highlighted that the program reflects a government policy to expand access to credit nationwide, with more than RD$11.5 billion in loans placed during the current administration.

Seventy-one percent of the new loans went to women, underscoring Promipyme’s commitment to financial inclusion and female entrepreneurship. By sector, 80% of funds were directed to commerce, 16% to services and 4% to industry.

Gómez Mazara stressed the broader impact of the initiative: “When we support a microbusiness, we support a family and a community. These resources return multiplied in jobs, economic activity and improved quality of life.”