Arrendadora Interfin Regional

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Project Number: 
RC3203A-01
Expected Consideration Date by the Board: 
03/09/2005
Date Posted: 
02/04/2005
Company: 
Arrendadora Interfin El Salvador S.A. de C.V, Arrendadora Interfin de Guatemala S.A., and Arrendadora Interfin S.A.
Financing Requested: 
Sector: 
Financial Services
Location: 
El Salvador, Guatemala, and Costa Rica
Scope Objective: 
The project consists of a long-term loan of up to US$5 million to Arrendadora Interfin El Salvador S.A., Arrendadora Interfin Guatemala S.A., and Arrendadora Interfin S.A. The loan proceeds will be used to finance small and medium-size Salvadorian, Guatemalan, and Costa Rican enterprises that require medium- and long-term funds to finance the acquisition of fixed assets or machinery.
Environmental Review: 
This is a Category III project according to the IIC's environmental and labor review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. 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 policies.