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Gender and Inclusion Financing with Caja Arequipa

Sector: Government • Location: Peru

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The Project consists in grantingCaja Municipal de Ahorro y Crédito de Arequipa S.A.(“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30 million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years

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The project “Gender and Inclusion Financing with Caja Arequipa” 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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in implementation

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Description

Description

The Project consists in grantingCaja Municipal de Ahorro y Crédito de Arequipa S.A.(“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30 million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years with two disbursements per loan, each with a tenor of up to three years.The funds will be earmarked to support the growth of the Micro- and Small-Sized Enterprises (“MSEs”) portfolio led and/or owned by women and other vulnerable groups. In addition, the financing is expected to be paired with technical advisory services defined jointly with the Caja enabling strengthening its sustainability strategy.

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Source reliability

High

Data quality score

100%

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