Genesis GT: Senior Loan for MSMEs and Inclusive Portfolio in Guatemala (IDBI-16079-01)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Guatemala
Geographic location where the impacts of the investment may be experienced.
Specific Location
Ciudad de Guatemala
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 27, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Genesis Empresarial
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Ring Fence
  • Trade Finance
A financial intermediary is a commercial bank or financial institution that receives funds from a development bank, sometimes for a specific lending purpose. A "ring fence" is another name for this specific purpose. These funds are then used for lending by the financial intermediary to client companies or individuals.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 59.76 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IDBI website

Updated in EWS Sep 20, 2026

Disclosed by Bank Sep 11, 2026

Contribute Information
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Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

El Proyecto consiste en un préstamo senior no garantizado de hasta US$60 millones o su equivalente en quetzales guatemaltecos (el "Proyecto" o el "Financiamiento") que se otorgará a la Fundación Génesis Empresarial ("Génesis"), con un plazo de hasta cinco años a partir del desembolso. El Financiamiento del BID Invest estará compuesto por: (i) Tramo I: un tramo senior comprometido de hasta US$40.000.000; y (ii) Tramo II: un tramo senior no comprometido de hasta US$20.000.000. Además, el Financiamiento tendrá la posibilidad de movilizar recursos adicionales mediante préstamos B y/o cofinanciamiento.

Los recursos de la financiación se utilizarán para apoyar el crecimiento de la cartera de crédito de Genesis, ampliando la inclusión financiera mediante una mayor oferta de crédito para las micro, pequeñas y medianas empresas ("MIPYMES") y otras poblaciones en Guatemala, fomentando la generación de oportunidades económicas y el desarrollo productivo.

La financiación se complementará con los Servicios de Asesoría Técnica ("AT") de BID Invest, que podrán centrarse en apoyar a Genesis en la identificación, priorización y diseño de una iniciativa innovadora de salud financiera con un enfoque social, ambiental y de gobernanza.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Genesis Empresarial


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

NÚMERO DE TELÉFONO: (502) 2238-9000

DIRECCIÓN DE LA OFICINA DE CORREOS: 8 calle 7-11, zona 9, Distrito Financiero, Guatemala CA

ACCESO A LA INFORMACIÓN

Puede enviar una solicitud de divulgación de información en: https://www.iadb.org/en/access-information/information-request

MECANISMO DE RENDICIÓN DE CUENTAS DEL BID / BID INVEST

El Mecanismo Independiente de Consulta e Investigación (MICI) es el mecanismo independiente de quejas y el organismo de investigación para las personas que se han visto o podrían verse afectadas negativamente por un proyecto financiado por el Banco Interamericano de Desarrollo (BID) o la Corporación Interamericana de Inversiones (BID Invest). Si presenta una queja ante el MICI, este podrá ayudarle a resolver los problemas que planteó mediante un proceso de solución de controversias con quienes implementan el proyecto y/o mediante una investigación para evaluar si el BID o BID Invest están cumpliendo con sus propias políticas para prevenir o mitigar daños a las personas o al medio ambiente. Puede presentar una queja enviando un correo electrónico a MICI@iadb.org. Para obtener más información sobre el MICI y cómo presentar una queja, visite http://www.iadb.org/en/mici/mici,1752.html (en inglés) o http://www.iadb.org/es/mici/mici,1752.html (en español).

How it works

How it works