2025.09.24
On June 27, the Japan International Cooperation Agency (JICA) signed a loan agreement with Banco Industrial S.A. (hereinafter referred to as “BI”), a commercial bank in the Republic of Guatemala. The signing ceremony was held in Guatemala City, the national capital, on September 10, 2025.
This project is co-financed with the International Finance Corporation (IFC) and the Canada’s Development Finance Institution (FinDev Canada).
Signing ceremony
The workshop of a Guatemalan furniture company, one of the WSMEs supported by a loan from Banco Industrial
Terms and Amount of Loan
- Borrower
Banco Industrial S.A.
- Country (Target Areas)
Republic of Guatemala
- Loan Amount
USD 150 million
- Project Title
Project to Support Small and Medium Enterprises in Guatemala
- Project Purpose
For contributing to economic growth and job creation in Guatemala, this project aims to improve access to finance for Small and Medium Enterprises (hereinafter referred to as “SMEs”), including women-owned SMEs (hereinafter referred to as “WSMEs”), by providing relatively long-term loans to BI, a local bank.
- Project Component
The loans for this project, including funds from other cofinancing lenders, will be sub-lent through BI to support SMEs, climate change measures, and sustainable housing throughout Guatemala. JICA loans will be dedicated exclusively to SMEs, with 30% specifically allocated to WSMEs.
- Contribution to SDGs
Goal 5（Gender equality）
Goal 9（Industry, innovation and infrastructure）
Goal 17（Partnerships for the goals）
- Reference
This project is in line with the “2X Challenge: Financing for Women” initiative of the G7 development finance institutions:
- Joint Releases
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