GTSF-Urbi

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This project is proposed under the Global Trade Supplier Finance program (“GTSF” or the “Program”) approved by the IFC Board in September 2010. (Original Project Link #28723)._x000B_Urbi, Desarrollos Urbanos, S.A.B. de C.V (“Urbi” or “the Company”) is a Mexican developer present in 35 cities across 20 states. The Company focuses primarily on affordable entry-level and low middle-income housing while also operating in the high-middle and upper income housing sector. The Project will establish a Supplier Finance (“SF”) program and make financing available to selected suppliers of Urbi, through the discounting of receivables of the suppliers payable by Urbi. The SF program will have an IFC-funded, uncommitted credit line of US$50mn. The program will be implemented through PrimeRevenue, a Supply Chain Finance platform, and its local re-seller, E-Factor Network (“EFN”), and it is expected to reach 200 Suppliers the large majority of which will be small and medium enterprises (SMEs).