Banco Mundo Mujer: Loan to Increase Financing for Microenterprises in Colombia

approved

The transaction consists of the granting of an unsecured senior loan to Banco Mundo Mujer S.A. (“Banco Mundo Mujer,” “BMM,” or the “Bank”) by BID Invest, structured as follows: (i) Committed Tranche I, for an amount of up to COP 120,000 million; (ii) Uncommitted Tranche II, for an amount of up to COP 120,000 million; and (iii) a potential parallel loan for an amount of up to COP 80,000 million to be disbursed by another lender (the “Financing”).The Financing will have a term of up to six years, with each tranche having a term of up to three years from its disbursement and a one-year grace period on principal. The resources from the Financing will be used to increase access to financing for microenterprises, including those owned or led by women.