Name: Víctor Valdivia
Title: Manager, Administration and Finance
Telephone: +5164-4810000 ext-1000
The project consists of a subordinate (tier 2) loan for up to the PEN equivalent of US$22.8 million granted to the Caja Municipal de Ahorro y Crédito de Huancayo S.A. (“Caja Huancayo”), convertible to common shares with voting rights for up to 8.99% of equity. The objective is to support the growth and consolidation of Caja Huancayo in the Peruvian microfinance industry. This would be the first IDB Invest transaction with Caja Huancayo, which could become the first IDB Invest equity investment in a municipal entity.