Original disclosure @ IFC website
Updated in EWS May 21, 2023
Disclosed by Bank May 12, 2023
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According to the Bank’s website, the proposed investment consists of a 5-year loan of up to US$60 million to Caja de Compensacion de Asignacion Familiar Los Heroes to expand the Company’s women social credit portfolio, consisting of retirees and low-income workers. The financial package comprises an up to US$35 million A loan, out of which US$30 million will be processed in local currency (CLP) and the remaining US$5 million in USD, and an up to US$25 million B Loan which will be fully processed in USD.
Compensacion de Asignacion Familiar Los Heroes
Mr. Jorge Oliva Mol
Chief Financial Officer
Nueva Providencia 1480
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