EIB Equips Peruvian Dev Bank with USD-100m Loan for SMEs, Climate Projects

Dec 2020
Peru, December, 24 2020 - The European Investment Bank (EIB) has said it is providing a USD-100-million (EUR 82m) framework loan for Peruvian development bank Corporacion Financiera de Desarrollo SA (COFIDE) to support its financing of small businesses and climate action investment projects.

The funds will be dedicated primarily to the renewable energy and energy efficiency sectors.

To this, the EIB will be adding a loan of around USD 30 million aimed at small and medium-size businesses (SMEs) that have been impacted by the economic crisis resulting from the COVID-19 pandemic.

This loan will be distributed to eligible investment projects through Peru’s commercial lenders, the EU bank said.

Source : Renewables Now

Research Analysis Tools

The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

Learn More