PROJECT

Projects

Summary of Investment Information

Project Number

37768

Company Name

EDPYME ACCESO CREDITICIO SA

Date SPI Disclosed

May 23, 2017

Country

Peru

Region

Latin America and the Caribbean

Projected Board Date

Jul 5, 2017

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jan 24, 2018

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Aug 1, 2017
Signed : Oct 2, 2017
Invested : Jan 22, 2018

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

Financing to Edpyme Acceso Crediticio S.A. (“Acceso” or the “Company”), to support the Company as it continues serving and growing its existing client base of over 23,000 microfinance clients, particularly transport micro-entrepreneurs.

Acceso is a regulated non-bank financial institution engaged in financing transport micro-entrepreneurs which are part of the low and middle income segments of the population and are mainly unbanked or excluded from the system. The Company actively finances natural gas vehicles which generate less Green House Gas emissions than the regular petrol vehicles.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation