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NI-L1075 : Lafise - Bancentro SME Financing Partnership

Project Status: Approved

The financing will support its capital enhancement by qualifying as Tier II capital as per local regulatory requirements. Such capital enhancement will allow Lafise-Bancentro to support the growth of their lending portfolio in high social impact areas such as Small and Medium Enterprises (¿SMEs")

Project Detail

Project Number
NI-L1075
Project Country
Nicaragua
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
PRIVATE FIRMS AND SME DEVELOPMENT-SMALL AND MEDIUM ENTERPRISE
Project Type
Loan Operation
Project Status
Approved
Operation Number
2956/CH-NI

Financial Information

Project Number
NI-L1075
Project Status
Completed

IDB Financing

Financing type
Private Sector Loan
Fund
CHC
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/18

Roles & Responsibilities

Contract signature date
Oct/30/13
Operation Number
2956/OC-NI

Financial Information

Project Number
NI-L1075
Project Status
Completed

IDB Financing

Financing type
Private Sector Loan
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/18

Roles & Responsibilities

Contract signature date
Oct/30/13

Project Information

Total Cost
USD 15,000,000
Country counterpart financing
USD 0
Fund
Ordinary Capital
Amount
15,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
NI-L1075
June 28, 2013