IFC arranges Familiar financing

IFC arranges Familiar financing

Loans Debt Paraguay

IFC said it has arranged $25m in financing for Paraguay's Banco Familiar to increase loans to micro businesses and small and medium-sized enterprises (SMEs). The financing involves a five-year, $8m loan from IFC's own account and a three-year, $17m B loan from the Swiss impact investment funds responsAbility and Symbiotics, IFC said in a press release. The deals marks the first syndicated loan under IFC's B-lender program in Paraguay and the first time the multilateral agency has supplied financ

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