📋 Tender Overview
COMPANY NAME
Total Financial Services Credit Company SA
PROJECT NUMBER
14623-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S CATEGORY tooltip
FI-2
COUNTRY
Peru
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
08/26/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
10/30/2025
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 $ 10,000,000
FINANCING AMOUNT
USD $ 10,000,000
CURRENCY
USD
Project scope and objective
The operation aims to provide financing to Micro, Small, and Medium-Sized Enterprises ( MSMEs ) through factoring, leasing, and credit operations in Peru. The proposed financing will consist of: (i) a revolving unsecured loan of up to US$10 million to be funded by IDB Invest; and (ii) a senior B loan of up to US$10 million to be financed through a B-lender. The loan will have a term of up to three years.
Additionally, the financing is expected to be accompanied by technical advisory services, defined jointly with the client, to help strengthen their sustainability strategy.
