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Grupo Financiero CrediQ Corp.

Senior Long- Term

Financing Provided by KFW DEG

US$ 15,000,000

June 2007

Grupo Financiero CrediQ Corp. (“CrediQ”) is the consumer finance unit of Grupo Q Holdings, one of the largest multi-brand, auto retailers in Central America.

Pan American Finance advised CrediQ on a new US$20 million, 6-year, senior term loan from the International Finance Corporation (“IFC”) used as long-term financing to supplement the company’s existing funding sources in El Salvador, Honduras, Nicaragua, and Costa Rica.