IDB Invest lends to Davivienda in El Salvador

IDB Invest lends to Davivienda in El Salvador

Loans Debt Project & Infrastructure Finance Energy Renewable Solar Wind El Salvador Central America Jamaica Caribbean United States

IDB Invest, part of the Inter-American Development Bank (IDB), has arranged a $100 million loan for Colombian lender Davivienda to provide financing for green projects and small businesses through a subsidiary in El Salvador. The five-year financing includes $50 million from IDB Invest itself and $50 million from other lenders, the multilateral lender said in a press release on Friday. "Considering the economic landscape with the global pandemic, IDB Invest is betting on financing through financ

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