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Banco Fie

Sector: Manufacturing (Industrial) • Location: Bolivia

Source: Inter-American Development Bank (IADB)

Project
In Implementation

Banco FIE S.A (the “Bank”) is a financial institution supporting micro- and small-sized enterprises in Bolivia.IDB Invest seeks to support Banco FIE through a senior loan with a committed unsecured Tranche I for up to USD 20 million with a term of up to 4 years without grace and an uncommitted Tranche II for up to USD 15 million, with a term to be defined when such tranche is committed. The funds

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The project “Banco Fie” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Bolivia. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

Banco FIE S.A (the “Bank”) is a financial institution supporting micro- and small-sized enterprises in Bolivia.IDB Invest seeks to support Banco FIE through a senior loan with a committed unsecured Tranche I for up to USD 20 million with a term of up to 4 years without grace and an uncommitted Tranche II for up to USD 15 million, with a term to be defined when such tranche is committed. The funds will be used to finance Banco FIE’s urban and rural micro and small enterprise portfolio, expanding the loans for working capital. In addition, Banco FIE will evaluate the technical assistance provided by IDB Invest to improve the Bank’s financial and nonfinancial products aimed at small and micro enterprises in Bolivia forming part of the agro-industrial supply chains of the country based on the significance of this segment for the country and particularly for the Bank.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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