Banco para el Fomento a Resistencias Economicas (Banco FIE)

Banco para el Fomento a Resistencias Economicas (Banco FIE) - SME Financing

Industry
Other/Financial Services
Area of finance
Development Bank Finance
Region
Latin America
Countries
Bolivia

Deal Overview

IDB Invest is providing $35 million in financing to Banco para el Fomento a Resistencias Economicas, in order to promote the segment of Bolivian micro and small enterprises in the trade, industry and services sectors, including enterprises led by women or owned by women.The deal consists of $20...

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IDB Invest is providing $35 million in financing to Banco para el Fomento a Resistencias Economicas, in order to promote the segment of Bolivian micro and small enterprises in the trade, industry and services sectors, including enterprises led by women or owned by women.

The deal consists of $20 million committed tranche and an uncommitted tranche of $15 million, each with a term of four years. IDB Invest will accompany and advise Banco FIE S.A. in the development and implementation of an environmental and social management system that allows strengthening the ability to identify and manage environmental and social risks associated with its credit operations.

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Deal Volume
$ 35m
Financial Close
15 February 2022

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Tranches


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