FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Acuna Cubillos, Piedad Lucia
USD $ 30,000,000
Project scope and objective
The project’s objective is to support Banco Bolivariano in providing financing to small and medium-sized enterprises (SMEs) whose main activities are focused on the sectors related to economic integration, commerce and the value chain and to promote the expansion of a specialized green credit line for SMEs. To achieve this objective, IDB Invest proposes to grant a loan of up to US$30 million with a term of up to six years. The project also includes a technical assistance (“TA”) to provide diagnostic tools, training and support to Banco Bolivariano with the goal of improving and promoting green lending for SMEs.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Connie Man Hing López
Manager of Treasury and International Relations
+ 593 4 2305000 ext 2399
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005