Transformation of CEAPE-MA in a financial instit. regulated by the Central Bank
The project's general objective is to contribute to deepen the financial services oriented towards low-income population sectors in urban and peri-urban areas of the Nordeast. The specific objective is the creation of a new microfinance institution, supervised by the Central Bank, based on the operations of a non regulated microfinance institution that is efficient, profitable, sustainable and able to provide financial services to thousands of micro and small enterprises.

Project Detail

Country

Brazil

Project Number

BR-L1485

Approval Date

May 20, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2142/MS-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 2142/MS-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing