Project detail - BANCO GANADERO S.A.

BANCO GANADERO S.A.

Status: Approved investment
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Why disclosure?

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In case of questions

In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Banco Ganadero is a family owned bank, based in the Santa Cruz region of Bolivia and with strong presence in the agricultural sector.

What is our funding objective?

FMO signed a USD 15 million loan facility with Banco Ganadero, thereby providing long term finance to the financial institution.

Why do we fund this investment?

Banco Ganadero is well positioned to support access to finance for small- and medium size enterprises active in productive sectors of the Bolivian economy.

Website customer/investment
https://www.bg.com.bo/
Region
Latin America & The Caribbean
Country
Bolivia, Plurinational State of
Sector
Financial Institutions
Effective date
12/10/2015
Total FMO financing
USD 12.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B