PROJECT

Projects

Summary of Investment Information

Project Number

31095

Company Name

Edilar, S.A. de C.V.

Date SPI Disclosed

Jul 20, 2012

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Aug 20, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Health, Education and Life Sciences

Previous Events

Approved : Nov 30, 2012
Signed : Dec 6, 2012
Invested : Dec 20, 2012

Sector

Elementary and Secondary Schools

Project Description

Edilar, S.A. de C.V. (“Edilar” or “the Company”) provides training materials, books and electronic media and on-going education financing to public sector teachers in 27 states of Mexico. Edilar supports teachers from the public sector by facilitating the access of teachers to training and training materials. Edilar has a large geographic presence and reaches public sector teachers in rural areas. The project will finance the Company’s working capital needs for the next three years, as it expands its client base to further cities and states within Mexico. Edilar has additional offices in 23 states, each office serves as regional distribution center. In addition, Edilar has mobile distribution centers that distribute the materials to remote areas in Mexico.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation