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BR-L1557 : IDB-BNDES MSME Financing Emergency Global Credit Program for Safeguarding the Productive Fabric and Employment

Project Status: Implementation

The general objective of this program is to support sustainability in the face of the crisis of COVID-19, of MSMEs, as a support for employment in Brazil. The specific objectives are: (i) to support the short-term financial sustainability of MSMEs; and (ii) promote the economic recovery of MSMEs through access to productive financing.

Project Detail

Project Number
BR-L1557
Approval date
September 23, 2020
Project Country
Brazil
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5115/OC-BR

Financial Information

Project Number
BR-L1557
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Project Information

Total Cost
USD 900,000,000
Country counterpart financing
USD 150,000,000
Amount
USD 750,000,000