News
06 June 2019

IFC provides $25m to Banco Familiar to boost SMEs in Paraguay

Region:
Americas

The International Finance Corporation is providing a $25 million loan to Banco Familiar S.A.E.C.A. to support the expansion of access to finance for micro, small and medium enterprises, helping create jobs and promoting economic growth in Paraguay. 

IFC’s financing consists of an up-to five-year $8 million loan on IFC’s own-account and an up to three-year $17 million B loan syndicated to responsAbility Investments AG and Symbiotics Investment Management SA, two impact investment companies.

This is IFC’s first investment in Banco Familiar, and the first syndicated loan via IFC’s B-lender program in Paraguay. This financing will allow Familiar to increase the volume and average tenor of its product offering to MSMEs, offering wider support to their expansion plans.

You might also like


Perspective
25 September 2026

Inside Solartia’s off-grid solar bond first

Solartia has closed on a $26.5 million project bond financing for five hybrid solar-plus-storage micro-grids in Peru’s Ucayali region. The deal is a real advance in the use of...

Perspective
05 October 2026

Reimagining trade, risk distribution and defence at ITFA...

At ITFA's annual trade finance event in Split, Croatia, trade finance banks and insurers say they are responding to evolving risk appetites in CEE and beyond. How risk is...