GEPP (IDBI-13181-01)

  • Mexico
Where the impacts of the investment may be experienced.
Financial Institutions
  • IDB Invest (IDBI)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 21, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Grupo Gepp, S.A.P.I. de C.V. ("GEPP")
The holder of the loan, grant, or other investment.
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 45.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported Up to MX$
Converted using 2020-09-25 exchange rate.
Primary Source

Original disclosure @ IDBI website

Updated in EWS Sep 25, 2020

Disclosed by Bank Sep 10, 2020

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

Grupo Gepp, S.A.P.I. de C.V. ("GEPP" or the "Company") has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the "Line") to finance its suppliers through the acquisition of collection rights (the "Project" or the "Operation"). The Operation includes accounts receivable, the payment of which will be deferred due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers.

Investment Description
  • IDB Invest (IDBI)
Private Actors
Contact Information

For project inquiries please contact GEPP:

Name: Jesús Romo

Title: Director of Treasury

Phone number: (+52) 55 4442-0241


For questions and comments to IDB Invest please contact:

Name: IDB Invest Communication Group


Additionally, affected communities can access the IIC's Independent Consultation and Investigation Mechanism (ICIM) as follows:

Phone number: +1 (202) 623-3952

Fax number: +1 (202) 312-4057

Address: 1350 New York Ave. NW Washington, DC. USA. 20577

Email: or mailto: