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Banco Ademi: Access to Home Improvement Financing for the BOP in DR
Expansion of home improvement financing to low-income families living in neighborhoods and suburban areas in the east, north and south of the Dominican Republic.

Project Detail

Country

Dominican Republic

Project Number

DR-L1060

Approval Date

February 4, 2015

Project Status

Closed

Project Type

Loan Operation

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

HOUSING

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 10,064,862.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,032,431.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3421A/OC-DR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
3421B/OC-DR-NE-OIKEOOC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 3421A/OC-DR
  • 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 3421B/OC-DR-NE-OIKEOOC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20826
Agreement - Financial Closing - SCF
República Dominicana_ Préstamo 3421_OC-DR a Banco Múltiple Ademi, S_A_ para Banco Ademi_ Acceso a Financiamiento [39825239].PDF
Nov. 05, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20829
Agreement - Financial Closing - SCF
Dominican Republic_ Loan 3421_OC-DR to Banco Multiple Ademi, S_A_ for Banco Ademi_ Access to Home Improvement Fi [39825154].PDF
Nov. 05, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20827
Loan Contract
República Dominicana_ Préstamo 3421_OC-DR a Banco Múltiple Ademi, S_A_ para Banco Ademi_ Acceso a Financiamiento [39034875].PDF
Feb. 24, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20825
Loan Contract
Dominican Republic_ Loan 3421_OC-DR to Banco Multiple Ademi, S_A_ for Banco Ademi_ Access to Home Improvement Fi [39034878].PDF
Feb. 24, 2015
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20828
Project Abstract
Project Abstract for Ademi (DR-L1060) [38601799].PDF
Mar. 18, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1909275888-20830
Environmental and Social Strategies
Environmental and Social Strategy for Ademi (DR-L1060) [38601536].PDF
Mar. 18, 2014
English

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