According to IIC website, the proposed operation includes: a partial credit guarantee of up to 32,270,000 Soles Peruanos to be issued in favor of a Local Bank to be determined. LB will provide a loan in PEN to Cooperativa de Ahorro y Crédito Pacífico for up to PEN32,000,000 approximately, and BID Invest will grant a guarantee in favor of LB covering the credit risk of Cooperativa de Ahorro y Crédito Pacífico under the Loan. The Loan will have a term of up to five years and quarterly amortization. The use of funds for the Loan will be to finance Small and Medium-Sized Enterprises in the productive sector of Peru.
Project Contact: Anthony Miyagusuku
Credit Policies Chief and Portfolio Supervisor
Telephone No.: +511 7192100
Email Address: firstname.lastname@example.org
ACCOUNTABILITY MECHANISM OF IIC
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).