Company name
Banco Mundo Mujer S.A.
Project number
13158-01
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.
E&S category
FI-3
Country
Colombia
Sector
Financial Institutions
Status
In implementation
Disclosed date
06/25/2021
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
08/05/2021
Approval date
08/05/2021
Signed date
12/22/2021
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 30,000,000
Currency
COP
Project scope and objective
The proposed transaction involves a COP-denominated unsecured senior A loan worth the equivalent of up to US$30 million to Banco Mundo Mujer (“BMM”), an institution specialized in microfinance in Colombia. The transaction will allow BMM to finance micro and small companies in municipalities, rural and urban areas in Colombia, with a focus on women-led microbusinesses. The loan tenor is of up to five years, including a maximum of 12 months of grace.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
edgar.gonzalez@bmm.com.co
PHONE NUMBER
(572) 8399900 - 8339494
POST OFFICE ADDRESS
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
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Early disclosure
ESRS BANCO MUNDO MUJER ENG
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