📋 Tender Overview
E&S CATEGORY tooltip
FI-2
COUNTRY
El Salvador
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
10/03/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
11/07/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
USD $ 50,000,000
FINANCING AMOUNT
USD $ 70,000,000
CURRENCY
USD
Project scope and objective
The financing consists of a loan of up to US$70 million (the Project or the Financing ) from IDB Invest to Banco Davivienda Salvadoreño, S.A. ( Davivienda or the Bank ), with a term of up to eight years. The Financing may be supplemented by one or more participants with an additional amount of approximately US$50 million.
The Financing will be used to support the Small and Medium-Sized Enterprises ( SMEs ) segments, SMEs led by women ( Women-Led SMEs ), and green financing in El Salvador. The Project may be accompanied by technical assistance in areas such as digitalization and innovation.
