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PE-L1161 : Fondo MiVivienda Sustainable Social Housing Partnership

Project Status: Approved

The objective of the proposed loan is to expand housing finance for low and middle-income families in Peru through a partnership with Fondo MiVivienda (¿FMV¿). The proposed Housing Finance Partnership (the ¿Partnership¿) will provide adequate funding for FMV to expand access to mortgage finance and banking penetration for the underserved population in Peru, and will contribute to the reduction of the housing deficit in the country. This partnership will also serve as a breakthrough in the green housing segment in Peru, supporting the creation of a green mortgage market with adequate incentives and eligibility criteria that meets international standards and the local context

Project Detail

Project Number
PE-L1161
Project Country
Peru
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS
Project Type
Loan Operation
Project Status
Approved
Operation Number
3310/CH-PE

Financial Information

Project Number
PE-L1161
Project Status
Approved

IDB Financing

Financing type
Private Sector Loan
Fund
CHC
Reporting currency
USD - United States Dollar
Reporting date
Jan/31/18

Roles & Responsibilities

Operation Number
3310A/OC-PE

Financial Information

Project Number
PE-L1161
Project Status
Approved

IDB Financing

Financing type
Private Sector Loan
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jan/31/18

Roles & Responsibilities

Project Information

Total Cost
USD 150,000,000
Country counterpart financing
USD 0
Fund
Ordinary Capital
Amount
150,000,000

Approved

Title
Type
Project Number
Date Published
Agreement - Financial Closing - SCF
3310/CH-PE;3310A/OC-PE;PE-L1161
October 29, 2014
Agreement - Financial Closing - SCF
3310/CH-PE;3310A/OC-PE;PE-L1161
October 29, 2014

Preparation