BLP Honduras advises Finance in Motion on Banco Ficohsa loan

BLP Honduras has advised German investment management company Finance in Motion on a $25 million loan to Honduran Banco Ficohsa.

coffeeThe loan will be used  for the development of agricultural, forestry, fishery, and tourism projects in Honduras and Nicaragua.

Finance in Motion specialises in micro, small and medium-sized enterprise finance, focusing on housing and environmentally beneficial issues such as energy efficiency, renewable energy, biodiversity conservation, the sustainable use of natural resources and climate change mitigation.

Banco Ficohsa has a presence in Honduras, Guatemala, Nicaragua, Panama and the US.

BLP Lawyers’ involved in the transaction were partner José Álvarez and associate Nadia Arriaga.

adam.critchley@iberianlegalgroup.com

SHARE