Cresol Sicoper Sustainable Finance Partnership
Sector: Financial Institutions • Location: Brazil
Source: Inter-American Development Bank (IADB)
The proposed transaction consists of an unsecured loan (the “Loan”) toCresol Sicoperof up to US$20 million funded as follows: (i) an A loan of up US$10 million to be funded by IDB Invest; and (ii) a co-loan of up to US$10 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Sicoper funds to grow its lending portfolio for Micro-,
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | in implementation |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed transaction consists of an unsecured loan (the “Loan”) toCresol Sicoperof up to US$20 million funded as follows: (i) an A loan of up US$10 million to be funded by IDB Invest; and (ii) a co-loan of up to US$10 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Sicoper funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |