The proposed transaction consists of unsecured financing to Banco Promerica S.A. -Guatemala- ("BPGT" or the "Bank) denominated in US dollars ("US$") for up to US$25 million; to be financed by IDB Invest (the "Project"). The Project's objective is to assist BPGT to improve access to funding for small and medium-sized enterprises ("SMEs") and contribute to the growth of its "green financing" portfolio. The Project will be supported by technical assistance which will focus on the mentioned "green financing" portfolio.
Client Contact Name: Marvin Avila
Title: Assistant Financial Planning Manager
Phone number: +50224139503
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).