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Support for the Development of Argentine SME's in Santa Fe Province
The objectives are to: fund a facility that will primarily grant medium- and long-term loans and, depending on market demand, provide quasi-equity financing to approximately 70 to 90 SMEs in the province of Santa Fe, primarily in the agribusiness, auto parts, tools, farm machinery, and food industry equipment industries; promote this lending methodology, which is new to Argentina, by creating and implementing a new instrument-the Loan Facility; create a lasting local source of know-how regarding this methodology, by offering training to local Facility personnel, and, attract other investors so the model can be replicated in other parts of the country and evaluate the methodology so this type of program can be replicated elsewhere in the region.

Project Detail

Country

Argentina

Project Number

AR-M1003

Approval Date

October 27, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8916-AR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8916-AR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-192200078-22
Project Abstract
Project Abstract for MIF project AR-M1003 - ATN_ME-8916-AR [1791436].PDF
Dec. 31, 1999
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-192200078-23
Eligibility Memorandum
Elegibility memorandum for MIF project AR-M1003 - ATN_ME-8916-AR [1807301].PDF
Dec. 31, 1999
English

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