Amerika Financiera S.A.

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Project Number: 
PE3895A-01
Expected Consideration Date by the Board: 
08/24/2010
Date Posted: 
06/04/2010
Company: 
Amerika Financiera S.A.
Financing Requested: 
Sector: 
Financial Services
Location: 
Country: 
Scope Objective: 

The project consists of a US$3.5 million, ten-year subordinated loan to Amerika Financiera S.A., with a bullet payment at the end of year ten. The loan will include a prepayment option, which may be exercised on the Borrower’s initiative subject to prior authorization from Peru’s Superintendencia de Banca y Seguros. The subordinated loan will be considered Tier II capital of Amerika Financiera S.A. It seeks to strengthen the Borrower’s capital base and support its growth by providing financing for small and medium-size Peruvian enterprises.

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. Amerika Financiera S.A. has attended 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.