Banco Agricola Lending Facility
The project consists of an A/B Loan to Banco Agricola. The IDB A Loan of US$20 million will provide the bank with medium-term financing to micro, small and medium-sized enterprises (MSMEs). Terms for the B Loan would be defined depending on market conditions at the time of a B Lender participation. The project will encourage medium-term lending to MSMEs, which is a strategic sector to foster sustained economic growth in El Salvador.

Project Detail

Country

El Salvador

Project Number

ES-L1033

Approval Date

June 24, 2009

Project Status

Cancelled

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 20,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2154A/OC-ES Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2154B/OC-ES Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2154A/OC-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2154B/OC-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1695304846-13
Project Abstract
Banco Agricola S_A_ [1980861].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-753616716-18602
Environmental and Social Strategies
Banco Agricola S_A_ [1969717].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-753616716-18603
Environmental and Social Management Reports
Banco Agricola, S_A_ [1969721].PDF
Dec. 31, 1999
English

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