FINANCIERA FAMA S.A. (FMO-55651)

Countries
  • Nicaragua
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
C
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
Jul 8, 2019
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.
Borrower
Financiera FAMA S.A.
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 4.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ FMO website

Updated in EWS Aug 8, 2020


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Project Description

The objective of these funds is to extend access to finance for micro-, small- and medium-sized enterprises. With this long-term financing FMO supports Financiera FAMA in its mission to extend access to small enterprises and contributes to the stability of the Nicaraguan financial sector.

Investment Description
  • Netherlands Development Finance Company (FMO)

Investment type not available at the time of the snapshot

Contact Information