Banco Compartamos, S.A., I.B.M.
FI-3 operations are those where the risk potential is considered low: the FI’s current or future portfolio consists of financial exposure to business activities that predominantly have minimal or no adverse environmental and social impacts.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Eskildsen Alfaro, Jan Petter
USD $ 50,000,000
USD $ 100,000,000
Project scope and objective
The proposed financing for Banco Compartamos, S.A., I.B.M. ("Banco Compartamos") amounts to the Mexican peso (“MX$”) equivalent of a maximum of up to US$150 million (US$150,000,000), comprising: (i) a committed tranche (Tranche I) in Mexican pesos for a maximum of US$50 million, with a four-year term and a six-month grace period; (ii) an uncommitted tranche (Tranche II) in Mexican pesos for a maximum of up to US$50 million; and (iii) IDB Invest B Loan in Mexican pesos expected to be for a maximum of up to US$50 million, to be funded through the sale of participations to commercial lenders Tranches I, II and III to comprise what is hereinafter referred to as the "Financing". The Financing resources will help Banco Compartamos grow its productive microfinance portfolio, with a focus on gender finance and sectors affected by the COVID-19 crisis. The project could be complemented with Advisory Services ("AS") focused on increasing client adoption of the digital tools offered by Banco Compartamos.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Enrique Barrera Flores
Balance Sheet and Investor Relations Management
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005