BO-L1115 : Companex Bolivia S.A.

Project Status
Approved

The project objective is to help improve the commercial conditions and the operational/commercial capabilities of small mom-and-pop grocery stores in peri-urban areas of Bolivia (La Paz and El Alto) that are part of (served) Companex¿s client value chain. The proposed financing (US$ 7.0MM) to Companex will be used for working capital financing, so as to extend the terms of sale for the small stores owners they serve, and to allow Companex to expand its sales force and permit them to provide additional technical assistance to these small stores they work with. This is expected to increase the small stores sales and productivity, as well as the variety and quality of the products they offer to low-income consumers in the areas they serve. Through the project, Companex Bolivia, one of the leading distributors of basic goods in the country, will promote the transformation of these small neighborhood stores from basic survival business units, to successful business enterprises for their owners. It also should be noted that these small groceries stores are mostly owned by low-income women, so it is expected that increased revenues would have an even bigger impact for their families wellbeing.

PROJECT DETAIL

Project Number BO-L1115
Operation Number 3642A/OC-BO
Country Bolivia
Sector PRIVATE FIRMS AND SME DEVELOPMENT
Subsector PRIVATE FIRMS AND SME DEVELOPMENT-MICROENTERPRISE DEVELOPMENT
Project Type Loan Operation
Project Status Approved
Approval Date DEC 16, 2015
IDB Financing * 5.00

PROJECT INFORMATION

Total Cost H USD 10,000,000
Country Counterpart Financing USD 5,000,000
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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