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BR-L1180 : Program to Support Micro, Small and Medium-Sized Enterprises

Project Status: Closed

Following past operations, this one will support the efforts of the Brazilian Government to update and make more competitive the productive sectors facilitating: (i) a bigger impact over the Mipymes maximized by the use of adequate distribution channels, and, with and institutional executor of proven efficacy; (ii) an increase in the % of the population using Bank services; (iii) maximize the impact of the incorporation of enterprises into the formal economy and an augment in the formal employment in a segment that includes 80% of the enterprises in the country; (iv) an impact on the increment of the tributary collection achieved by the incorporation of enterprises to the formal economy; and (v) maintain the effectiveness of the economic development and growth by efficiently using the public resources for development.

Project Detail

Project Number
BR-L1180
Project Country
Brazil
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
ESP (Specific Investment Operation)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
2236/OC-BR

Financial Information

Project Number
BR-L1180
Project Status
Closed

IDB Financing

Financing type
SCF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Dec/13/2010

Project Information

Total Cost
USD 2,000,000,000
Country counterpart financing
USD 1,000,000,000
Amount
USD 1,000,000,000

Preparation

Title
Type
Project Number
Date Published

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
2236/OC-BR;BR-L1180
June 22, 2011
Project Monitoring Report ( Public version)
2236/OC-BR;BR-L1180
June 22, 2011
Project Monitoring Report ( Public version)
2236/OC-BR;BR-L1180
June 22, 2011
Project Monitoring Report ( Public version)
2236/OC-BR;BR-L1180
June 22, 2011

Completed

Title
Type
Project Number
Date Published
Project Completion Report
BR-L1180
November 28, 2011