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CMAC Cusco: Equity Investment to Support the Growth of MSEs in Peru

Sector: Government • Location: Peru

Source: Inter-American Development Bank (IADB)

Project
Proposed

BID Invest states its intention to become a shareholder in Caja Municipal de Ahorro y Crédito Cusco (the “Caja” or “Caja Cusco”), for an amount equivalent in Peruvian soles (“PEN”) of up to ~US$20.6 million (the “Investment” or the “Project”).The Investment is expected to represent a minimum of 7.5% of the Caja’s total shares. The objective of the Investment is to strengthen the Caja’s capital str

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The project “CMAC Cusco: Equity Investment to Support the Growth of MSEs in Peru” is an infrastructure initiative in the Government sector, located in Peru. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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proposed

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Description

Description

BID Invest states its intention to become a shareholder in Caja Municipal de Ahorro y Crédito Cusco (the “Caja” or “Caja Cusco”), for an amount equivalent in Peruvian soles (“PEN”) of up to ~US$20.6 million (the “Investment” or the “Project”).The Investment is expected to represent a minimum of 7.5% of the Caja’s total shares. The objective of the Investment is to strengthen the Caja’s capital structure (“Tier I”), which benefits the capital adequacy ratio and supports the continued sustainable growth of the Micro and Small Enterprises (“MSEs”) in Peru.

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Source

Source reliability

High

Data quality score

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URL

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