FINAE II- Student Loans Securitization Program
The objective of this project is to scale up the results achieved by the first FINAE project (ME-L1094) financed by the Opportunities for the Majority Sector (OMJ), so as to continue promoting and facilitating access to finance for students at the base of the pyramid who lack the financial resources to pursue higher education studies in Mexico.

Project Detail

Country

Mexico

Project Number

ME-L1132

Approval Date

December 6, 2012

Project Status

Closed

Project Type

Loan Operation

Sector

EDUCATION

Subsector

HIGHER EDUCATION

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 3,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2884/OC-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
2885/OC-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2884/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
Operation Number 2885/OC-ME
  • 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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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1926152994-30213
Loan Contract
Mexico_ Loan 2885_OC-ME and Guarantee 2884_OC-ME - FINAE II [39029976].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1926152994-30211
Loan Contract
México_ Préstamo 2885_OC-ME y Garantía 2884_OC-ME - FINAE II [39030209].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1926152994-30214
Agreement - Financial Closing - SCF
México_ Préstamo 2885_OC-ME y Garantía 2884_OC-ME - FINAE II [37261686].PDF
Aug. 04, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1926152994-30215
Agreement - Financial Closing - SCF
Mexico_ Loan 2885_OC-ME and Guarantee 2884_OC-ME - FINAE II [37261723].PDF
Aug. 04, 2014
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1926152994-30212
Environmental and Social Strategies
ME-L1132 - Estrategia Social y Ambiental ESS [37327768].PDF
Mar. 01, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1545788037-8
Project Abstract
ME-L1132 - FINAE II - Síntesis del Proyecto [37327769].PDF
Mar. 01, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1947755626-3
Project Abstract
ME-L1132 - PROJECT ABSTRACT [37327765].PDF
Mar. 01, 2013
English

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