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COOPAC Abaco

Sector: Financial Institutions • Location: Peru

Source: Inter-American Development Bank (IADB)

Project
Hold

The Project supports the growth of Cooperativa de Ahorro y Crédito Abaco’s micro and small business portfolio, as well as its green portfolio, through a senior loan of up to US$25 million with a term of up to five years and a one-year grace period. The transaction consists of: (i) a senior A loan of up to US$15 million, from which,  US$10 million will be financed by IDB Invest and US$5 million wil

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The project “COOPAC Abaco” is an infrastructure initiative in the Financial Institutions sector, located in Peru. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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hold

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Description

Description

The Project supports the growth of Cooperativa de Ahorro y Crédito Abaco’s micro and small business portfolio, as well as its green portfolio, through a senior loan of up to US$25 million with a term of up to five years and a one-year grace period. The transaction consists of: (i) a senior A loan of up to US$15 million, from which,  US$10 million will be financed by IDB Invest and US$5 million will be financed by the IDB as administrator of the Canadian Climate Fund for the Private Sector in the Americas (“C2F”); and (ii) a B loan of up to US$10 million to be financed by B lenders.The Project also includes an advisory service that will assist Cooperativa de Ahorro y Crédito Abaco in the design of a sustainable strategy to drive its green portfolio and improve and promote its green loans portfolio.

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Source

Source reliability

High

Data quality score

100%

Source

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