This transaction consists of a revolving uncommitted credit line for Tienda Amiga ER S.A. ("Tienda Amiga" or the "Company") in Bolivia for up to USD 5 million which IDB Invest would disburse in a maximum of 360 days; the funds will be used to import durable goods for home use, home appliances and other electronics from foreign suppliers.
The Project seeks to offer a working capital solution that is unattended in the Bolivian market, and which will allow Tienda Amiga to finance their imports, while strengthening their supply chain and moving forward with their growth plans. This would be IDB Invest's first transaction with the Company, and its first intervention in the modern retail sector in Bolivia in the last few years.
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
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