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BR-L1555 : Emergency Program to Mitigate the Economic Effects of the Coronavirus - BRDE (Emergency PROSUL)

Project Status: Implementation

The general objective of this project is to support Micro, Small and Medium Entreprises (MSME) sustainability against the COVID-19 crisis as well as employment level support in the states of Brazil South Region. The specific goal is to support financial sustainability in the short term for MSME located in the South Region of Brazil.

Project Detail

Project Number
BR-L1555
Approval date
November 30, 2020
Project Country
Brazil
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5158/OC-BR

Financial Information

Project Number
BR-L1555
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/17/2021

Roles & Responsibilities

Project Information

Total Cost
USD 50,000,000
Country counterpart financing
USD 0
Amount
USD 50,000,000