The purpose of the Project is to grant financing to Promerica to improve access to finance for small and medium sized enterprises (“SME”) and to support the growth of Promerica’s “Green Financing” portfolio. The Project will be complemented by a Technical Assistance that will focus on its “Green Financing” portfolio.
Promerica’s SME portfolio is concentrated in commerce (16%) and services (13%) with moderate exposure to medium risk sectors in agribusiness (8%), tourism (8%), and transport (5%).
Client Contact Name: Michelle Espinach
Title: Sustainable Bank Manager
Phone number: +506 2505-7504
Email address: email@example.com
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).