WASHINGTON — IDB Invest will provide a financing package of 650 million Mexican pesos (approximately $38 million) to Macropay, a Mexican retailer that uses technology to facilitate access to credit, to support its expansion in Mexico through the opening of 485 stores. The project aims to expand access to financing, technology and connectivity, contributing to financial inclusion in the country.

Mobile devices are the primary point of internet access for millions of people in the region, facilitating access to education, financial services, employment opportunities and entrepreneurship. The Inter-American Development Bank (IDB) estimates that a 10% increase in mobile connectivity could increase gross domestic product (GDP) by 1.6% in Latin America and the Caribbean.

The project will enable Macropay to continue expanding its presence in Mexico and facilitate access to credit for people who face barriers in the traditional financial system. This will allow them to purchase products such as mobile phones, motorcycles, televisions and home appliances, among others, as well as access cash loans to meet their needs.

Macropay’s expansion will also contribute to the creation of formal employment in different regions of the country. On average, each Macropay store employs four people. In addition, three out of every four planned new stores will be located in municipalities with fewer than 65,000 inhabitants, helping expand the reach of these services and create new economic opportunities in these communities.

IDB Invest’s financing package will consist of a secured senior loan of 450 million Mexican pesos (approximately $26 million), with a tenor of up to five years, and a committed revolving credit facility of 200 million Mexican pesos (approximately $12 million), with a tenor of up to three years. The funds will finance investments associated with the opening and outfitting of new stores, as well as working capital needs related to the expansion of the company’s retail network.

In addition to financing, IDB Invest will support Macropay in strengthening its corporate practices through action plans focused on environmental and social management and corporate governance. The two institutions will also work on an initiative to promote leadership opportunities for women across the company’s branch network, as well as actions to strengthen talent development for Indigenous people.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About Macropay

Macropay is a retail company with more than 26 years of experience whose value proposition focuses on facilitating access to credit so that more people can purchase products that improve their quality of life. By integrating technology, financing and an extensive branch network, the company offers fast, simple and accessible purchasing solutions.
With operations in Mexico and Guatemala and more than 4,500 employees, Macropay offers a portfolio that includes mobile phones, motorcycles, televisions, home appliances, accessories and cash loans. The company has a growing presence in Mexico and expects to end 2026 with more than 930 stores, strengthening its reach across different regions of the country. Visit the company’s website: www.macropay.mx.