Rural Microfinance in your Cellphone

The purpose of the project is: to contribute to the deepening of financial services and microinsurance for people with no or low bank, through the use of mobile technologies (cell phones). The project purpose is to implemente an alternative distribution channels and micro-financial services through the use of mobile technologies (cell phones).

Project Detail

Country

Bolivia

Project Number

BO-M1054

Approval Date

November 26, 2012

Project Status

Cancelled

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 and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 527,940.00

Country Counterpart Financing

USD 394,440.00

Original Amount Approved

USD 133,500.00