Financiera Edyficar S.A.

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Project Number: 
PE3881A-01
Expected Consideration Date by the Board: 
07/08/2008
Date Posted: 
06/06/2008
Company: 
Financiera Edyficar S.A.
Financing Requested: 
Sector: 
Financial Services
Location: 
Country: 
Scope Objective: 

The loan to Financiera Edyficar S.A. will be used to provide short and medium-term financing for working capital or expansion projects to microenterprises in Peru.

Environmental Review: 

Environmental and Labor Issues: 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. The borrower is currently developing an environmental review procedure that will enable it to incorporate local environmental compliance requirements as well as IIC environmental guidelines in its credit approval process.