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COSTA RICA: Proparco provides a line of credit in support of SMEs

Signature Promeria
Between 11 and 14 November, Proparco took part in FELABAN, the Latin American banking sector’s standout annual event. Proparco marked the occasion by renewing its partnership with the Promerica bank via a $US 20 million line of credit to support the development of Costa Rican SMEs. These are the country’s economic lifeblood (i.e., SMEs represent 90% of all of businesses).
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Egypt: 225MW of renewable energy financed by Proparco

Panneaux solaires
Proparco participates in the financing of the construction and operation of 5 solar photovoltaic power plants delivering a total of 225MW of capacity for a total amount of €116 million. Through these operations, Proparco will contribute to prevent the emission of more than 3.8 million tons of CO2 and to the creation of more than 7,000 direct and indirect jobs.
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Cameroon: boosting access to microcredit for small businesses and farmers

Agence d'ACEP dans la ville de Mbalmayo
Proparco has just signed a financing agreement with Agence de Crédit pour l’Entreprise Privée au Cameroun S.A. (ACEP Cameroun, or Cameroon Private Enterprise Credit Agency), a member of the pan-African microfinance network ACEP International. The local currency loan of 2bn CFA francs (equal to €3m) will go to support the expansion of ACEP Cameroun’s work in Cameroon, with SMEs in the countryside as primary targets.
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