IDB Invest and Davivienda Partner to Expand Financing for Small Businesses and Boost Sustainable Investments in El Salvador
WASHINGTON — IDB Invest approved a $120 million financing package for Banco Davivienda Salvadoreño S.A. to strengthen its portfolio of loans to small and medium-sized enterprises (SMEs) and expand funding for sustainable projects. The operation will help improve access to credit in segments with high development impact potential, driving productive growth, financial health and sustainability in El Salvador.
The loan in structured in two tranches: one for $70 million financed by IDB Invest, and another for $50 million mobilized with the participation of commercial lenders.
In a favorable macroeconomic context, with GDP growth projected at 3% in 2025, El Salvador presents opportunities to expand SME lending and boost private investment in sustainable projects.
In addition to financing, IDB Invest will provide technical advisory services to support Davivienda’s digital transformation through the design and implementation of an intelligent virtual assistant to improve customer service for SMEs.
This operation adds to IDB Invest’s ongoing collaboration with Davivienda El Salvador and Grupo Empresarial Bolívar, key partners in supporting development across Latin America and the Caribbean, promoting financial health and fostering more sustainable investment in the region.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 400 clients in 25 countries, IDB Invest offers innovative financial solutions and advisory services tailored to its clients’ needs across diverse sectors. Visit our website: www.idbinvest.org
About Banco Davivienda Salvadoreño
Banco Davivienda Salvadoreño S.A. is part of Grupo Bolívar, a multi‑Latin conglomerate headquartered in Colombia with a presence in several countries in the region. In El Salvador, Inversiones Financieras Davivienda includes Banco Davivienda, Davivienda Seguros, Valores Davivienda, Casa Corredora de Bolsa and Davivienda Servicios. With 141 years of banking experience in the country, the institution continues to evolve to support individuals, families and companies with innovative, sustainable and accessible financial solutions, maintaining its purpose of “Enriching life with integrity.”