In general, to benefit from debt financing, eligible financial institutions must meet the following criteria:

1.Hold a licence issued by the BCC;

2.Be able to regularly provide quality financial reports and prove the existence of a cash flow forecasting system;

3.Be audited by an external body approved by the BCC. The audit of the partner financial institution (PFI) must be carried out at least by a local external professional, although it is preferable that it be an internationally recognised audit company;

4.Have documents attesting to a minimum of three years’ activity;

5.Be operationally self-sufficient and be able to provide tangible evidence that full profitability (financial self-sufficiency) will be achieved within the next two years.

6.Have a loan portfolio of at least $1 million;Translated with DeepL.com (free version)

7. Have a loan portfolio with a solid structure, defined as follows:

• Micro-business financing: PAR 30 plus rescheduled ˂7%; rescheduled loans do not include loans already included in the PAR 30 calculation;
• SME financing: PAR 90 plus rescheduled ˂7%; rescheduled loans do not include loans already taken into account in the PAR 90 calculation;
• If the structure of an institution’s portfolio exceeds the limits set above, the decision to invest is subject to the unanimous approval of the Credit Committee.