Social Financing Program EPM-UNE

The Project would do the following: (i) provide credit at
competitive market rates primarily to low income customers of EPM, many of
whom have never received a loan; (ii) more specifically, provide these customers
access to home improvement finance and financing for new and more efficient
appliances and potentially other goods and services, and (iii) improve efficiency
in the consumption of energy by giving the beneficiaries the possibility to replace
old appliances with more-energy efficient ones.

Project Detail

Country

Colombia

Project Number

CO-L1080

Approval Date

October 28, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

HUMAN RESOURCES & WORKFORCE DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 30,000,000.00

Original Amount Approved

USD 10,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
2217/OC-CO	Non-Sovereign Guaranteed	USD - United States Dollar	Oct. 31, 2024	Dec. 14, 2011	Ordinary Capital	Private Sector Financing

Operation Number

2217/OC-CO

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Oct. 31, 2024
Signed Date: Dec. 14, 2011
Fund: Ordinary Capital
Financial Instrument: Private Sector Financing

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