Banco Cooperativo Sicredi

Banco Cooperativo Sicredi - IFC A/B Loan

Industry
Social projects/Gender empowerment/Womenowned businesses
Area of finance
Development Bank Finance
Region
Latin America
Countries
Brazil

Deal Overview

Sicredi, a Brazilian cooperative financial institution with 5.5 million members, announced it has tapped $100 million (about BRL 500 million) to launch a credit line to finance micro, small and medium-sized businesses (SMBs) led by women. The funds came from BNP Paribas, and Sumitomo Mitsui Banking...

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Sicredi, a Brazilian cooperative financial institution with 5.5 million members, announced it has tapped $100 million (about BRL 500 million) to launch a credit line to finance micro, small and medium-sized businesses (SMBs) led by women. The funds came from BNP Paribas, and Sumitomo Mitsui Banking Corporation (SMBC) as an IFC B loan, the IFC A loan was closed in 2021: https://www.tagmydeals.com/Deals/DealData/15256.

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Deal Volume
$220m
Financial Close
31 March 2022

All Dealmakers

Justin Dooley

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Guilherme Garbi

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Christopher Scrivener

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Tranches


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