Unifin Financiera S.A.P.I. de C.V.

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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: 
ME4019A-01
Expected Consideration Date by the Board: 
12/03/2012
Date Posted: 
11/02/2012
Company: 
Unifin Financiera S.A.P.I. de C.V.
Financing Requested: 
Up to MX$50 million
Sector: 
Financial Services
Location: 
Mexico
Country: 
Scope Objective: 

The project consists of a local currency loan of up to MX$50 million to Unifin Financiera S.A.P.I. de C.V. The purpose of this financing is to support small and medium-sized Mexican enterprises through pure leasing and factoring operations to help them meet their working capital needs or purchase productive assets.

Environmental Review: 

This is a category III project according to the IIC’s environmental and labor review procedure because it could produce certain effects that may be avoided or mitigated by following generally recognized performance standards, guidelines, or design criteria. To enable the Borrower to better understand the IIC’s requirements, Unifin Financiera S.A.P.I. de C.V. shall be required to attend the IIC financial intermediary environmental training workshop. Each subproject will be subject to an environmental review and must comply with national environmental and labor laws, regulations, and standards, as well as IIC environmental guidelines.