Original disclosure @ IFC website
Updated in EWS Oct 24, 2019
Disclosed by Bank Oct 18, 2019
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The proposed project consists of an up to US$21 million (equivalent in PEN) investment in quotas of the fund Compass Fondo de Inversion Adelanto de Efectivo (the “Fund”), a fund managed by Compass Group SAFI S.A. (“Compass Peru”) that invests in receivables focused on financing to SMEs (“Suppliers”) through reverse factoring and factoring.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/