Banco Popular
Banco Popular is a Bank specialized in micro and small businesses in Honduras.
Amount
€ 200,374.59
Type of investment
Equity
Development impacts
- Local economic growth
- Financial inclusion
Beneficiary locations
Investment field
Financial Institutions
Activity
Microfinance institution
In 2015 BIO participated together with IFC, FMO, Bamboo and BCIE in a pro rata capital increase of Lps. 29.500.000 (USD 1.5 Mio) in Banco Popular.
The capital increase request followed a requirement of the Honduran Banking Commission that decided to increase the amount of minimal capital for financial institutions from Lps 300.000.000 (USD 15Mio) to Lps. 400.000.000 (USD 20 Mio) as from May 2015.
Development impacts
-
Local economic growth
Credit provision to micro-enterprises; Mobilization of local savings; Provision of non-financial services to MSMEs (business development)
-
Financial inclusion
Access to credit for micro-entrepreneurs; Population's access to savings services, payment and transfer services
View more of our investments in this region
Investment Companies & Funds
Interact Climate Change Facility
6,000.00
India, Mongolia, Honduras, Côte d'Ivoire, Ghana
23/02/2011
Equity
Investment Companies & Funds
Interact Climate Change Facility
10,000,000.00
India, Mongolia, Honduras, Côte d'Ivoire, Ghana
23/02/2011
Debt
Investment Companies & Funds
CoreCo Central America Fund I LP
3,210,320.00
Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua
28/06/2012
Equity
Investment Companies & Funds
AgRIF Coöperatief U.A.
105,000.00
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
11/09/2018
Subsidy
Investment Companies & Funds
AgRIF Coöperatief U.A.
5,438,332.50
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
18/06/2015
Equity
Financial Institutions
Asociacion Hondurena de Instituciones Bancarias
29,426.60
Honduras
18/12/2020
Subsidy
Investment Companies & Funds
Local Currency Microfinance Fund II
143,535.00
Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru
28/01/2019
Subsidy
Investment Companies & Funds
Fairtrade Access Fund
350,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
07/04/2020
Subsidy
Investment Companies & Funds
Fairtrade Access Fund
3,000,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
24/10/2019
Equity
