Financiera Confianza is one of the largest financial institutions focusing on providing services to micro and small enterprises in Peru. The purpose of the loan is to support Financiera in the service it provides to micro and small enterprises in Peru.
Environmental and Labor Issues:
This is a category FI-3 project according to the IIC’s Environmental and Social Sustainability Policy because of the low risk of the subprojects in the financial intermediary’s current or future portfolio. The subprojects financed with IIC funds will be subject to an environmental review to verify that they are in compliance with the IIC’s list of excluded activities and national environmental and occupational safety standards. In addition, Financiera Confianza will be required to submit annual environmental reports to the IIC detailing the progress made and problems encountered in the implementation of these practices.