Credito Real, S.A. de C.V. SFOM, ENR
The operation's objectives include: (a) to provide support to the Mexican Capital Markets in times of intense financial stress by offering investors a good quality instrument; (b) to support local development agencies to maintain access to domestic capital markets ongoing; (c) to support a sound committed, social
responsible, privately owned, specialized financing company in providing credit to social sectors; (d) to contribute to impulse microfinance activity, a proven effective mechanism to fight poverty, which continues to be a core challenge in the Mexican economy development; and e) to help the Mexican capital markets in times of intense financial stress by supporting the access of the company to domestic savings.

Project Detail

Country

Mexico

Project Number

ME-L1089

Approval Date

March 10, 2010

Project Status

Closed

Project Type

Guarantee

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PCG (Partial Credit Guarantee)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 43,598,890.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 43,598,890.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2313/OC-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
Operation Number 2313/OC-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Guarantee Financial Instrument