
Basic information
Company name
Coopeservidores (Cooperativa de Ahorro y Crédito de los Servidores Públicos, R.L.)
Investment type
Loan
E&S category
FI-3
Disclosed date
Projected board date
Approval date
Signed date
Team Leader
Perez Salmeron, Ana Julia
Financial Summary
Syndicated Amount
$ 20,000,000
Financing amount
$ 30,000,000
Financing Currency
USD
PROJECT
SCOPE
AND
OBJECTIVE
The proposed financing will contribute to increasing access to mortgage financing for the social housing segment in Costa Rica by supporting the Cooperativa de Ahorro y Crédito de los Servidores Públicos, R.L. (“Coopeservidores”) in its efforts to broaden and deepen the scope of its mortgage lending activities. By partnering with Coopeservidores, the second largest cooperative in the country, the financing leverages on the cooperatives’s reach in Costa Rica, supporting its ongoing efforts to increase its mortgage portfolio among current and new clients.