PROJECT

Projects

Summary of Proposed Investment

Project Number

31776

Company Name

La Hipotecaria (Holding) Inc

Date SPI Disclosed

Mar 7, 2012

Country

El Salvador

Industry

Financial Markets

Projected Board Date

Apr 8, 2012

Status

Completed

Sector

Primary Mortgage Institutions

Department

Global Industry, Financial Markets

Environmental Category

C - No Impact

Previous Events

Approved : Jun 8, 2012
Signed : Sep 7, 2012
Invested : Dec 20, 2012

Project Description

The proposed project consist in a U.S. dollar-denominated revolving warehouse credit line of up to US$10 million, with an up to 7 years maturity and 3 years grace period, to LH El Salvador, with La Hipotecaria Holding as co-borrower. The warehouse credit line will fund and support LH El Salvador’s existing low- to middle-income mortgage lending operations in El Salvador.

Sponsor / Cost / Location

Development Impact