Banco de Occidente will use the proceeds from the IIC loan to finance long-term operations for companies in the agricultural, industrial, and trade sectors. These loans, which are expected to range from $1 million to $3 million, will help address the lack of funding for medium-size companies in Guatemala; such funding is essential for the sustainable growth of the private sector. Banco de Occidente has committed to ensuring that the companies to which it onlends the funding from the IIC comply with domestic and international environmental, labor, and worker protection regulations and standards.