Mario Flor and Alejandro Pérez Arellano

FBPH assists WBC in granting a $10m loan

Flor Bustamante Pizarro & Hurtado has assisted WorldBusiness Capital (WBC) in the USD $10 million long-term loan to Cooperativa de Ahorro y Crédito Fernando Daquilema in Ecuador.

The loan was also partially supported by the US Development Finance Corporation (DFC).

Thanks to this operation, Daquilema will use the funds to support women and micro-entrepreneurs in impoverished areas located mainly in the central Andean region of Ecuador.

FBPH’s team consisted of senior partner Mario Flor (pictured left) and senior associate Alejandro Pérez Arellano (pictured right).

L Giselle Estrada