The general objective of the project is to expand the coverage of the Mexican financial system to small farms and SMEs. The specific objectives are to: (i) provide equity and subordinated debt financing to a new SME-specialized financial intermediary; and (ii) test new ways of addressing the issues of funding, transactions costs, and risk minimization that limit lending to small farms and SMEs.

Project Detail

Country

Mexico

Project Number

ME-L1250

Approval Date

August 3, 2005

Project Status

Cancelled

Project Type

Loan Operation

Sector

-

Subsector

-

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
95/MS-ME Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 95/MS-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing