Banco Supervielle SME Partnership

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The proposed Project consists of a financing mechanism of up to US$ 40 million (“Financing Agreement for SMEs”) for Banco Supervielle S.A. (“Supervielle” or the “Bank”) that will allow the Bank to finance small and medium-sized enterprises (“SMEs”) sub-projects. The SME Financing Agreement will support the development and growth of SMEs, especially focusing in the province of Mendoza where at least 50% of the proposed financing will be directed. The financial instrument under review will provide Supervielle: (i) an A-Loan from the Inter American Investment Corporation (“IIC”) of up to US$ 15 million, and (ii) another A-Loan from the Inter-American Development Bank (“IDB”) of up to US$ 25 million.The aggregate financing amount from the IDB Group will be of up to US$40 million to be disbursed in several tranches between three and five year terms.