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-Q0002

Approval Date

October 27, 2004

Project Status

Cancelled

Project Type

Equity

Sector

-

Subsector

-

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 10,500,000.00

Country Counterpart Financing

USD 5,500,000.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-8917-AR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund
Operation Number EQU/MS-8917-AR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument:

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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

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