ARREND Central America

  • Active: Active
  • Region: Latin America
  • Country: Regional
  • Sector: Financial services
  • Year: 2015
  • Domicile: Guatemala
  • Instrument: Equity and loan
  • Commitment (MNOK) as of 31.12.2019: 104.5
  • Original Commitment (MNOK): 126.9

ARREND was created in 1994 with the objective of providing vehicle and machinery leasing solutions to SMEs in Guatemala. ARREND focuses mainly on the fields of sugar, commerce, construction and services offering leasing on vehicles and specialized equipment and machinery. In 2010, ARREND expanded by opening operations in El Salvador, Honduras and Nicaragua thus marking its footprint as a regional player. Norfund Equity investments supports this regional growth and consolidation.

Norfund´s equity injection to ARREND Central America Corp and senior debt to ARREND Guatemala will support the company in further growing their SME leasing business in Central America. 

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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