The project aims to increase the financial inclusion of low-income populations in Guatemala -in particular women and the indigenous and rural population - through the application of new generation financial technologies that reduce the costs and improve the quality of the financial products and services for these users. The expected result is for Genesis Empresarial to successfully implement and make available to its clients: (i) new digital financial products for credit and payments; (ii) an expanded electronic and cash payment and transaction ecosystem; and (c) tools that speed up delivery and improve the quality of credit products. The technical cooperation will provide support and training to the target population for the adoption and proper use of digital financial products and services.

Project Detail

Country

Guatemala

Project Number

GU-T1302

Approval Date

May 29, 2019

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 550,000.00

Country Counterpart Financing

USD 280,000.00

Original Amount Approved

USD 270,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-17366-GU Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-17366-GU
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1152985317-81
Monitoring and Evaluation Plan (during Execution)
ATNME-17366-GU PSR09110-06302022.pdf
Dec. 15, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-991006783-4
Donors Memorandum
GU-L1173 - GU-T1302 - Project summary.pdf
Sep. 03, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-991006783-5
Donors Memorandum
GU-L1173 - GU-T1302 - Resumen del proyecto.pdf
Sep. 03, 2019
Spanish

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