Financiera Confianza

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IIC’s Communications Group
E-mail: divulgacionpublica@iadb.org

For project inquiries, including environmental and social questions related to an IIC investment, please contact the client or the IIC using the contact information provided above. In addition, project affected communities have access to the IIC Independent Consultation and Investigation Mechanism.
Tel:+1 (202) 623-3952
Fax: +1 (202) 312-4057
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E-mail: mecanismo@iadb.org or MICI@iadb.org

Project Number: 
PE3925A-02
Expected Consideration Date by the Board: 
12/01/2015
Date Posted: 
10/30/2015
Company: 
Financiera Confianza S.A.
Sponsoring Entity: 
not applicable
Financing Requested: 
US$6,000,000
Sector: 
Financial Services
Location: 
Peru
Country: 
Scope Objective: 

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 Review: 

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.