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Company name

Fondo Financiero Privado Prodem S.A.

Project number

BO3178A-01

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E&S category
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Country

Bolivia

Sector

Financial Institutions

Status

Completed

Disclosed date

10/15/2004

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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11/17/2004

Approval date

11/22/2004

Signed date

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Sponsoring entity

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Investment Operations Department Contact

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Investment type

Syndicated amount

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Financing amount

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Currency

USD

Project scope and objective

The proposed line of credit is for a loan in the amount of US$1 million to Fondo Financiero Privado Prodem S.A. The proceeds will be used to provide financing to micro and small-size Bolivian companies, for working capital or to finance capital assets, machinery or other fixed asset purchases.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

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PHONE NUMBER

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POST OFFICE ADDRESS

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

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Learn more about how we provide private-sector solutions in the region .