IDB Invest and Banco W promote inclusive financing for microenterprises in Amazon

01/23/2025 Since 9 months

Banco W, a Colombian bank that provides financial solutions for micro and small businesses, announced the issuance of a social bond for financial inclusion with the aim of promoting access to financing for microenterprises, including those led by women in the Amazon region of Colombia.

The operation totalized an amount in local currency equivalent to approximately 46 million dollars, out of which IDB Invest has contributed with 50% as an anchor investor. Bancolombia and other investors from the Colombian capital market completed the subscription.

In addition, IDB Invest will provide advisory services to Banco W to develop a comprehensive value proposition tailored to microenterprises in the Amazon region.

https://www.idbinvest.org/en/news-media/idb-invest-and-banco-w-promote-inclusive-financing-microenterprises-colombias-amazon

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