Name: Mónica del Cid
Title: Manager of Planning and Financial Control
Telephone: +(502) 2338-6888, Ext. 15190
The operation consists of a subordinated financing package of up to US$75,000,000, which will be used to strengthen the equity position of Banco G&T Continental (“GTC” or the “Bank”) in Guatemala. The financing will be channeled to support the Bank’s Small and Medium Enterprise (SME) portfolio growth strategy, with an emphasis on women-led businesses. Specifically, by combining financing and technical assistance, the aim is to replicate and scale-up the program “G&T Mujer” that was developed by the Bank’s subsidiary in El Salvador, and that was awarded in 2016 by the Global Banking Alliance for Women (GBA). It is expected that this project will increase access to finance for SMEs, particularly those led by women.