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Génesis: Microfinance Partnership Alliance

Sector: Raw Materials • Location: Guatemala

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The loan proposed for Fundación Empresarial Génesis (“Génesis”) amounts to the Guatemalan quetzal (“GTQ”) equivalent of up to US$20 million, to support its productive microfinance portfolio in Guatemala. Fundación Génesis Empresarial is the largest microfinance institution in Guatemala. The term of the IDB Invest loan is expected to be five years. This loan will be complemented by a Technical Assi

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The project “Génesis: Microfinance Partnership Alliance” is an infrastructure initiative in the Raw Materials sector, located in Guatemala. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The loan proposed for Fundación Empresarial Génesis (“Génesis”) amounts to the Guatemalan quetzal (“GTQ”) equivalent of up to US$20 million, to support its productive microfinance portfolio in Guatemala. Fundación Génesis Empresarial is the largest microfinance institution in Guatemala. The term of the IDB Invest loan is expected to be five years. This loan will be complemented by a Technical Assistance from IDB Invest, aligning Génesis’ portfolio with the Sustainable Development Goals (“SDG”), improve funding capacities for sustainable finances, as well as establish a portfolio of microloans in climate change resilient agricultural productive chains.

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Source reliability

High

Data quality score

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