Supporting Micro Financial Services through Technology

Mango-trade name for Transfer Solutions Providers Limited- has developed an electronic wallet which is accessible by a card, SMS and the internet. The objetive of the project is to conduct further research to understand how best to risk-rate this the low income segment of the market, asthe clients have no documented credit history.

Project Detail

Country

Bahamas

Project Number

BH-M1011

Approval Date

February 6, 2013

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 303,050.00

Country Counterpart Financing

USD 153,050.00

Original Amount Approved

USD 150,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-13709-BH	Non-Sovereign Guaranteed	USD - United States Dollar	Jun. 30, 2024	May. 6, 2013	Multilateral Investment Fund II (MIF) -	Nonreimbursable

Operation Number

ATN/ME-13709-BH

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 30, 2024
Signed Date: May. 6, 2013
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1848205913-14505