Banco Agrícola is one of the largest and leading banks in El Salvador, providing a highly differentiated, innovative, and impactful range of financial products and services for its retail and business clients. Traditionally more focused on corporate banking, in recent years the bank has gradually increased its financing to micro, small and medium-sized enterprises (MSMEs), and to other high impact sectors.

The fund’s senior debt facility to Banco Agricola has a clear earmark: Banco Agrícola will use the funding to expand its lending activities to MSMEs and in particular to women-owned SMEs. Furthermore, the funding is instrumental in Banco Agrícola’s ambition to increase housing finance for lower and middle-income households, and to finance climate related assets, including green energy and green buildings.