Company name
App Solutions International Inc
Project number
15863-01
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
E&S category
C
Country
Regional
Sector
Digital Economy
Status
Proposed
Disclosed date
04/08/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
07/02/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
USD $ 8,000,000
Financing amount
USD $ 4,000,000
Currency
USD
Project scope and objective
IDB Invest is considering providing up to US$12 million in long-term financing to Apps Solutions International Inc. (“Applaudo” or the “Company”), a company incorporated in Panama. The proposed financing package includes a senior A Loan of up to US$4 million from IDB Invest and a senior B Loan of up to US$8 million by third parties. The proposed financing will be used to (i) fund capital expenditures for the development of new products, (ii) implement operational efficiency improvements, (iii) carry out key technological upgrades, (iv) support workforce expansion through the hiring of additional personnel, and (v) strengthen its overall financial position.
The objective of the proposed financing is to support Applaudo’s growth and enhance its competitiveness in the digital services sector, contributing to the expansion of high-value digital capabilities and services across its markets in El Salvador.
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Contact information
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Client Contact
PHONE NUMBER
(503) 2550-4161
POST OFFICE ADDRESS
Centro Comercial Plaza San Benito, Calle La Reforma Local 2-3, San Salvador 1101, El Salvador
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For information requests about the project.
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
APPLAUDO - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
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