MICROCAPITAL BRIEF: Financiera Desyfin of Costa Rica Borrowing $22m from FMO, Partly for Green Lending

Financiera Desyfin, a non-bank financial institution (NBFI) that provides “credit, factoring, and leasing products” in Costa Rica, recently agreed to borrow USD 22.5 million from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership. A portion of the funds is for “green” projects, such as increasing “energy efficiency, recycling and