PriceSmart
PriceSmart operates 49 U.S.-style membership shopping warehouse clubs in 12 countries and the U.S. Virgin Islands and opened its fifth store in Guatemala in October. PriceSmart has operated in Guatemala, El Salvador, and Honduras for 22 years. With close to 2,000 employees and 700,000 members in northern Central America, it has long been a partner of USAID—including most recently in announcing a new commitment as part of USAID’s $56 million Guatemalan Entrepreneurship and Development Innovation (GEDI) Initiative, which the Vice President announced in June. Building upon that announcement, PriceSmart is committing to the additional support of GEDI, and this support, alongside other GEDI partners, will reach at least 500 entrepreneurs with business support services to help them grow and create jobs in areas of high out-migration.