Name: Rafael Jiminian Castillo
Title: Executive Vice President
Telephone: (+809) 726-2214
The objective of this transaction is to increase access to financing for small and medium size enterprises (“SMEs”) in the Dominican Republic by supporting the growth of Banco Santa Cruz’s SME portfolio. To do this, IDB Invest is proposing a Senior Unsecured Loan of approximately US$20 million to Banco Santa Cruz, with a term of up to four (4) years (the “Project”).