Société Financière Hattienne de Développement S.A (SOFIHDES)
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 $ 3,000,000
Project scope and objective
The proposed transaction consists of an unsecured senior loan to SOFIHDES (“SOFIHDES” or the “FI”) denominated in US Dollars (“US$”) for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOFIHDES to on-lend to small and medium-sized enterprises (“SMEs”).
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Alternatively, you may also use the following contact information:
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005