IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador

IFC, a member of the World Bank Group, is working with Banco Agricola, to support micro, small and medium enterprises (MSMEs), women-owned SMEs (WSMEs), housing for underserved segments, and climate-smart investments, including green buildings, in El Salvador.

The $330 million in financing will back Banco Agricola’s objective of better reaching these underserved segments, promoting financial inclusion and increasing formality.  In addition, the leading Salvadoran bank will play an important role in climate change mitigation by funding climate-smart assets projects in El Salvador.