Share the page
Peru: Supporting the development of urban transport thanks to a non-banking financial institution
Project
-
Signature date
-
-
Location
-
Peru
-
Financing tool
-
Financing amount (Euro)
-
8626639.06
-
Financing details
-
Loan of USD 10m
-
Customer
-
Edpyme Acceso Crediticio S.A.
-
Type of customer
-
Financial institution
-
Country of headquarters
-
Peru
-
Project number
-
PPE1023
-
Environmental and social ranking
-
IF-B
This information is given at the time of signature, without prejudice to any developments in the operation/project.
Acceso Crediticio is a Peruvian non-banking financial institution specialized in vehicle financing, mainly for taxis. This loan will allow Acceso Crediticio to develop a range of loans for microenterprises and SMEs operating in the urban transport sector in the departments of Lima and el Callao.
Client presentation
Acceso Crediticio is a Peruvian non-banking financial institution specialized in vehicle financing, mainly for taxis, and, since 2016, utility vehicles and public transport fleets.
Project description
The project involves the allocation of a USD 10m senior loan, which will allow Acceso Crediticio to continue to develop its activity.
Project impact
The project will support local economic activity by developing the range of loans for microenterprises and SMEs operating in the urban transport sector in the departments of Lima and el Callao.
Acceso Crediticio had some 18,800 clients in 2017, the majority being taxi clients (76% of clients) and is targeting some 39,000 over the next 5 years. Acceso Crediticio also wants to significantly develop its exposure in the SME segment, with the aim of serving some 1,500 SMEs by 2022.