Finanzauto Loan
Sector: Electric Vehicles (EVs) • Location: Colombia
Source: International Finance Corporation (IFC)
The proposed investment consists of a US$70 million senior secured loan to Finanzauto S.A. BIC (Finanzauto or the Company), a company that operates in Colombia providing financing options for the purchase of vehicles to individuals and micro, small and medium enterprises (MSMEs). The proceeds of the loan will support the Company in increasing access to finance for certain segments of the populatio
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 investment consists of a US$70 million senior secured loan to Finanzauto S.A. BIC (Finanzauto or the Company), a company that operates in Colombia providing financing options for the purchase of vehicles to individuals and micro, small and medium enterprises (MSMEs). The proceeds of the loan will support the Company in increasing access to finance for certain segments of the population that remain underserved, specifically: (i) MSMEs and independent and self-employed individuals involved in productive activities(ii) WMSMEs, (iii) women, and (iv) climate-smart projects, in the form of Hybrid and Electric Vehicles (HEVs) (the “Project”). |
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 |