Financiera El Comercio, S.A.E.C.A.

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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.
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Project Number: 
Expected Consideration Date by the Board: 
Date Posted: 
Financiera El Comercio S.A.E.C.A.
Financing Requested: 
Financial Services
Scope Objective: 

The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide financing to small and medium-size Paraguayan companies.

Environmental Review: 

Environmental Classification and Issues: This is a Category III project according to the IIC’s environmental and labor review procedures because specific impacts might result that can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. Each subproject will be required to comply with national environmental and labor laws, regulations and standards as well as IIC policies. To enable the borrower to better understand the IIC’s requirements, Financiera El Comercio S.A.E.C.A. shall be required to attend IIC’s financial intermediary environmental training seminar.