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Sustainable urban development via Findeter

Sector: Education • Location: Colombia

Source: KFW Bank aus Verantwortung

Project
Completed

The project includes a development loan of USD 100 million to the Colombian development bank Findeter. The loan is secured by a new type of guarantee from MIGA (Multilateral Investment Guarantee Agency) for companies that are majority state-owned. The funds will be passed on to the final borrowers via Colombian financial intermediaries. Around 20-30 sub-projects will be financed from this. The ind

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Project Information

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The project “Sustainable urban development via Findeter” is an infrastructure initiative in the Education sector, located in Colombia. Taiyo aggregates data on it from KFW Bank aus Verantwortung.

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Participants

Sponsoring Agency

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Status

Original status

completed

Taiyo status

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Contact

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Email

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Address

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Description

Description

The project includes a development loan of USD 100 million to the Colombian development bank Findeter. The loan is secured by a new type of guarantee from MIGA (Multilateral Investment Guarantee Agency) for companies that are majority state-owned. The funds will be passed on to the final borrowers via Colombian financial intermediaries. Around 20-30 sub-projects will be financed from this. The individual loans are intended to finance investments in the field of sustainable urban development in the areas of urban mobility, (social) housing, electricity and sanitation measures related to housing, education and health.

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Original Currency

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Original 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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