Operaciones Familiares S.A. (“OFASA”)
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Vera Fabbri, Pablo Marcelo
USD $ 200,000
USD $ 1,000,000
Project scope and objective
The objective of this IIC operation is to fund the partial renovation of Budget Rent a Car Nicaragua’s fleet of vehicles during the 2014-2015 period.
OFASA is a company owned by the Solórzano family. It was founded in the 1970s. OFASA has the Budget Rent a Car franchise in Nicaragua. It currently has a fleet of about 400 vehicles at 10 different locations.
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