FINAE, S.A.P.I. de C.V. SOFOM ENR
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Benchimol Dominguez, Avril
USD $ 1,882,460
Project scope and objective
IDB Invest seeks to support FINAE with a financing of up to MXN350 million. The financing is expected to be collateralized by a pool of student loans originated and serviced by FINAE.
For FINAE, the project is expected to improve its debt maturity profile and costs of financing and will help scale up the results achieved by FINAE with previous IDB Group financing to continue promoting and facilitating access to finance for students coming from low income families who lack the financial resources to pursue higher education studies in Mexico. Students from 21 States in Mexican territory are expected to benefit from the financing as FINAE works with 24 universities and over 100 campuses in Mexico.C.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Jesús García Martínez
(+52 55) 5616 6946 Ext. 1006
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005