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BR-T1188 : Mundo Vox Tenda

Project Status: Closed

The objective of this TC is to promote the growth and economic sustainability of low income microentrepreneurs in the food services sector (the ¿Beneficiaries¿) in the state of Sao Paulo, Brazil, through the setting up and implementation of a basic business training program especially tailored to the needs, skills, limitations, and expectations of the beneficiaries. The proposed TC will support the execution of a loan that Opportunities for the Majority is considering to provide to Grupo Tenda, one of Brazil¿s top five food wholesalers. The loan seeks to make available working capital financing, investment loans, and training courses to the Beneficiaries.

Project Detail

Project Number
BR-T1188
Project Country
Brazil
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/KP-12252-BR

Financial Information

Project Number
BR-T1188
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Korea Poverty Reduction Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jul/15/2011

Project Information

Total Cost
USD 800,000
Country counterpart financing
USD 530,000
Amount
USD 270,000

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