PROJECT

Projects

Summary of Investment Information

Project Number

50213

Company Name

Caja Municipal de Ahorro y Credito Cusco S.A.

Date SPI Disclosed

Jun 20, 2025

Country

Peru

Region

Latin America and the Caribbean

Projected Board Date

Jul 31, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 4, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 5, 2025
Signed : Dec 15, 2025
Invested : Dec 24, 2025

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

The proposed project consists of an up to US$50 million subscription to a sustainability subordinated bond to be issued by Caja Municipal de Ahorro y Crédito Cusco S.A. (Caja Cusco or Company). Through this project, IFC will support the strengthening of the Company’ capital to support micro, small and medium enterprises (MSMEs) targeting: (i) climate-related; (ii) social; and (iii) biodiversity sub-projects that conserve, restore, and protect biodiversity and/or nature (the Project).

Associated Advisory Engagement

Advisory service engagement is expected to include two main areas of focus: (i) corporate governance and environmental and social (E&S) advisory to help Caja Cusco enhance internal processes and controls, and (ii) climate advisory to support the Company develop and manage its green and blue assets portfolio, primarily in climate-smart agriculture.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation