| Project Detail |
PROJECT NUMBER 14988-01 Inkaterra (the “Group” or “Inkaterra”) is a Peruvian hotel group with more than 40 years of experience, which operates seven hotels in emblematic destinations of the country, such as Machu Picchu, Valle Sagrado and Madre de Dios in the Amazon. These properties are recognized for their unique combination of hotel services and environmental sustainability, offering immersive experiences in some of Peru’s most biodiverse regions. Inkaterra’s operations are deeply rooted in scientific research and biodiversity conservation, with a holistic approach that integrates hospitality with sustainable development. Inkaterra, through its subsidiaries Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C., is seeking a US$12.0 million senior secured loan to develop new properties in the northern region of Peru (Cabo Blanco) and Machu Picchu, increase the room capacity of its existing hotels in the Peruvian Amazon (Madre de Dios), and to optimize its capital structure. Additionally, the Group is seeking an uncommitted revolving credit facility of up to US$5.0 million to finance working capital needs, focusing mainly on the payment of SME suppliers. Inkaterra intends to strengthen its impact and sustainability practices, and therefore wishes to take advantage of IDB Invest’s expertise and advisory services to expand its sustainability programs at a national level, thus enhancing its social and environmental commitment. |
