Cooperatieve Spaar en Kredietbank Godo G.A.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 1,000,000
Project scope and objective
Cooperatieve Spaar en Kredietbank Godo G.A. ("Godo") is the largest savings and credit union in Suriname; it specializes in lending for housing. The purpose of this IIC project is to support Godo’s lending activities and fund the growth of its credit portfolio. The US$1.5 million IIC loan would enable the institution to diversify its sources of funding by obtaining its first long-term loan from a multilateral institution.
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