Green Credit Lines for SMEs in Guatemala: Supporting a Commercial Bank to Develop their Green and SME Financing Strategy

There are many barriers faced by the financial institutions to lend credit to small and medium-sized enterprises (SMEs) projects in Guatemala. Inter-American Development Bank (IDB) Invest granted financing directed towards Banco Industrial de Guatemala to support their portfolio growth of credit for Small and Medium-sized Enterprises (SMEs). During the structuring process, Banco Industrial has expressed its interest in creating its corporate policy and sustainability strategy, as well as simplifying its SME credit analysis and approval processes, thereby supporting the credit growth strategy towards the SME segment.