Companex Bolivia S.A.
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

Country

Bolivia

Project Number

BO-L1115

Approval Date

December 16, 2015

Project Status

Cancelled

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 5,000,000.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3642A/OC-BO Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 3642A/OC-BO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1862821961-24154
Environmental and Social Strategies
Estrategia Ambiental y Social - Companex S_A_ [39838497].PDF
Sep. 09, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1862821961-24155
Project Abstract
Sintesis del Proyecto - Companex S_A_ [39838489].PDF
Sep. 09, 2015
Spanish
 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-6975
Loan Contract
Bolivia. Loan 3642A_OC-BO to Companex Bolivia S.A.pdf
Sep. 13, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-6976
Loan Contract
Bolivia. Prestamo 3642A_OC-BO a Companex Bolivia S.A.pdf
Sep. 13, 2018
Spanish

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