Signature(s)
Amount
€ 123,334,977.8
Countries
Sector(s)
Mexico
: € 123,334,977.8
Credit lines
: € 123,334,977.8
Signature date(s)
14/12/2020 : € 123,334,977.8
Link to source
Data sheet
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Summary sheet
Release date
20 May 2020
Status
Reference
Signed | 14/12/2020
20200316
Project name
Promoter - financial intermediary
NAFIN SMES SUPPORT COVID-19 RESPONSE
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 150 million (EUR 132 million)
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a credit line to NAFIN to boost access to finance for the micro, small and medium sized enterprises in Mexico affected by the Covid-19 outbreak.
The aim is to finance small/medium projects carried out by the target group of beneficiaries in Mexico.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national legislation and the EIB's Environmental and Social Standards, as appropriate.
Final beneficiaries will be requested to comply with applicable national legislation and the EIB's Guide to Procurement, as appropriate.
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Link to source
Summary sheet
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News & Stories
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