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MSME Envelope Banpais WSME WCS II

Sector: Commercial • Location: Honduras

Source: International Finance Corporation (IFC)

Project
Active

 The proposed investment consists of a US$50 million working capital loan to Banco del País, S.A. (“Banpais” or the “Bank”) in Honduras. The proposed loan will have a 2-year tenor with the renewal option for an additional 2-year tenor for a maximum tenor of 4 years. The purpose of the proposed IFC investment is to support Banpais’ lending program to Medium Enterprises (MEs), with a carve-out of at

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Project Information

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The project “MSME Envelope Banpais WSME WCS II” is an infrastructure initiative in the Commercial sector, located in Honduras. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

 The proposed investment consists of a US$50 million working capital loan to Banco del País, S.A. (“Banpais” or the “Bank”) in Honduras. The proposed loan will have a 2-year tenor with the renewal option for an additional 2-year tenor for a maximum tenor of 4 years. The purpose of the proposed IFC investment is to support Banpais’ lending program to Medium Enterprises (MEs), with a carve-out of at least 25% for including Women-owned Medium Enterprises (“WOE”) (the Project). The Project is part of a country envelope of up to US$155 million (jointly for Honduras and Nicaragua) that will be supported by a pooled first loss guarantee of up to US$38.75 million provided by International Development Agency IDA Private Sector Window Blended Finance Facility (IDA-PSW BFF).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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