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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 20,000,000
Project scope and objective
The proposed project includes a financing mechanism for Caja de Compensación de Asignación Familiar 18 de Septiembre (“Caja 18”) that will allow Caja 18 to deepen and expand its financial inclusion program for workers and pensioners, improving access to financial services to sectors excluded and neglected from traditional banking. This project will help Caja 18 to structure sustainable financing for an amount of up to CLP14,165 million (equivalent to US$20 million), which will have a term of up to three years with a one-year grace period.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
José Agustin Vial Cruz
Adm. and Finance Manager
+600 718 18 18
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005