Lafise Group Panama - Tranche A Loan (DFC-2018-LAFISEGROUPPA)

  • Costa Rica
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
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.
Lafise Group Panama, Inc. (“LGP”) and Banco Lafise Bancentro (“Bancentro”)
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 133.33 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 31, 2020

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Project Description

The Project will: (i) support the expansion of the Borrowers’ small- and medium-sized enterprise (“SME”), consumer and housing portfolio in El Salvador, Guatemala, Honduras, Costa Rica, Nicaragua, and Panama (“Tranche A Loans”) and (ii) strengthen the capital base of LGP’s banking subsidiaries in Costa Rica, Honduras, and Panama (“Tranche B Loans” and together with the Tranche A Loans, the “Project”). At least 25% of total proceeds shall be designated for loans to female borrowers. Up to $35 million of OPIC loan proceeds will be on-lent to borrowers in Northern Triangle countries (El Salvador, Guatemala and Honduras).

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

Not available