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
USD $ 15,000,000
Project scope and objective
The proposed operation contemplates a Senior Secured Loan of up to US$13 million (the "Loan") to be financed by BID Invest. The term of the Loan is two years, renewable two times more for periods of up to two years as well, at the discretion of BID Invest. Loan funds will be used to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations. Additionally, advisory services are being designed to support the transaction in terms of corporate governance.
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+56 9 82283027
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005