For inquiries and comments to IIC, contact:
IIC’s Communications Group

For project inquiries, including environmental and social questions related to an IDB Invest investment, please contact the client or IDB Invest using the contact information provided above. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism.
Tel:+1 (202) 623-3952
Fax: +1 (202) 312-4057
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Project Number: 
Expected Consideration Date by the Board: 
Date Posted: 
Financiera de Occidente, S.A.
Financing Requested: 
Financial Services
Scope Objective: 
The proceeds of the proposed operation will help Financiera de Occidente expand its lending to small and medium-size enterprises in Guatemala. The loan will also help the company grow its loan portfolio and diversify its medium- and short-term sources of funding.

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. 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. To enable the borrower to better understand the IIC’s requirements, Financiera de Occidente shall be required to attend the IIC financial intermediary environmental training workshop.