Banco Agricola Lending Facility
The project consists of an A/B Loan to Banco Agricola. The IDB A Loan of US$20 million will provide the bank with medium-term financing to micro, small and medium-sized enterprises (MSMEs). Terms for the B Loan would be defined depending on market conditions at the time of a B Lender participation. The project will encourage medium-term lending to MSMEs, which is a strategic sector to foster sustained economic growth in El Salvador.

Project Detail

Country

El Salvador

Project Number

ES-L1033

Approval Date

June 24, 2009

Project Status

Cancelled

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 20,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2154A/OC-ES Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2154B/OC-ES Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2154A/OC-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2154B/OC-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1695304846-13
Project Abstract
Banco Agricola S_A_ [1980861].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-753616716-18602
Environmental and Social Strategies
Banco Agricola S_A_ [1969717].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-753616716-18603
Environmental and Social Management Reports
Banco Agricola, S_A_ [1969721].PDF
Dec. 31, 1999
English

Have an Environmental or Social issue related to IDB projects? File a Complaint