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Crédito Real Women-Led SME Financing Partnership

Sector: Financial Institutions • Location: Mexico

Source: Inter-American Development Bank (IADB)

Project
Proposed

The proposed loan for Crédito Real S.A.B. de C.V., SOFOM E.R. ("Crédito Real") is for up to the Mexican peso (“MEX$”) equivalent of US$50 million, or MEX$1 billion, whichever is less, to support the growth of small and medium-sized enterprises ("SMEs") in Mexico. The Project seeks to promote access to financing for SMEs led by women in Mexico through financial products such as leasing, which provi

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The project “Crédito Real Women-Led SME Financing Partnership” is an infrastructure initiative in the Financial Institutions sector, located in Mexico. 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

The proposed loan for Crédito Real S.A.B. de C.V., SOFOM E.R. ("Crédito Real") is for up to the Mexican peso (“MEX$”) equivalent of US$50 million, or MEX$1 billion, whichever is less, to support the growth of small and medium-sized enterprises ("SMEs") in Mexico. The Project seeks to promote access to financing for SMEs led by women in Mexico through financial products such as leasing, which provide a comprehensive approach to serving the female market. The term of the IDB Invest Loan is expected to be up to five years, and the Loan will be complemented by IDB Invest technical assistance to support the efforts of Crédito Real to become a role model for leasing operations with a gender focus.

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Source reliability

High

Data quality score

100%

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