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Groups present Business Plans to Financial Institutions in Cayo Print E-mail
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Thursday, 30 May 2013 00:00

A well-thought out effort to get Belizeans to promote their business plan began Tuesday at the Rumors Resort Hotel at Mile 1 1/2 on the Benque Viejo Road. Brought together by the Belize Trade and Investment Development Service (BELTRAIDE) in cooperation with the Center for the Promotion of Micro and Small Enterprises in Central America and the Dominica Republic (CENPROMYPE) several business groups were able to make their business plans know to seek approval for implementation.

Several financial institutions such as Atlantic Bank, Scotiabank and The Belize Bank were invited to Rumors to review the business plans set out by several aspiring groups. One such group was the Cayo West Women In Business whose range of jewelry originates from coconut shells and Guanacaste seeds. The Cayo West group is composed of some fifteen members and have come up with unique designs on seeds, marketing particularly to tourists at the entrance of the Western Border. Another group making their business plans known was the San Antonio Women’s Group. This organization produces some two hundred chickens every six weeks but cannot fulfill the demands for chicken from a large consuming market. The San Antonio Women’s Group seeks sustainability in their business model and to do so they would like to acquire poultry processing equipment.

“The objective is to see if one of them will really get the business plan working that they can actually expand their business,” says Lorna Zamora who assisted in Tuesday’s business sessions.

“I think that we have very good groups together, The proposals that they have can really develop within Belize if these institutions would give them a chance to bring it to fruition…”

Another aim of the project is to promote the enterprises along the Western Border of Belize and Guatemala and as such previous consultancies covered Benque Viejo Del Carmen, San Ignacio, San Antonio and San Jose Succotz. Some forty persons participated in Tuesday’s business meetings with a focus on the development of women and youths.