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SOFIHDES SME Loan

Sector: Financial Institutions • Location: Haiti

Source: Inter-American Development Bank (IADB)

Project
Repaid

The proposed transaction consists of an unsecured senior loan to SOFIHDES (“SOFIHDES” or the “FI”) denominated in US Dollars (“US$”) for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOF

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Project Information

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The project “SOFIHDES SME Loan” is an infrastructure initiative in the Financial Institutions sector, located in Haiti. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

Sponsoring Agency

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Company

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Status

Original status

repaid

Taiyo status

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed transaction consists of an unsecured senior loan to SOFIHDES (“SOFIHDES” or the “FI”) denominated in US Dollars (“US$”) for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOFIHDES to on-lend to small and medium-sized enterprises (“SMEs”).

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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