Status: Approved investment
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Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

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The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

The Global Alliance for Banking on Values (GABV) is a network of banking leaders from around the world committed to advancing positive change in the banking sector. Its collective goal is to change the banking system so that it is more transparent, supports economic, social and environmental sustainability, and is composed of a diverse range of banking institutions serving the real economy. The primary focus is achieving structural change within the financial system. Therefore, they partner with innovative businesses, citizens and their organizations. FMO is a supporting partner of the GABV since its foundation.

What is our funding objective?

The objective of this assignment is two-fold: 1) To diagnose the ability / challenges and good practices of the GABV members to identify and serve the women’s market. 2) To translate the outcomes of the study into key recommendations and an action-plan for the GABV to advance in its gender journey.

Why do we fund this investment?

As a supporting partner of the GABV, FMO will contribute to strengthening GABV’s capacity to promote gender equality, women empowerment and diversity, in line with the 2030 Sustainable Development Agenda. Some of the GABV members in Latin America are also FMO’s clients i.e. Banco Solidario, Banco Ademi, BancoSol, Banco Popular de Honduras, and some others are prospects.

Latin America & The Caribbean
Latin America & The Caribbean
Infrastructure, Manufacturing and Services
Effective date
Total FMO financing
EUR 0.01 MLN