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BR-T1215 : University of the Little Market - Nurturing Micro and Small Business

Project Status: Closed

The objectives of this operational input are: 1) To contribute to the establishment of the initial phase of the "University of Mercadito", which will offer training to both little-market owners and their employees to improve the management skills of these micro and small businesses. 2) Support the promotion of financial education/literacy for the little market owners and their end customers through training in the field for Banco Gerador employees who monitor the little markets, and the sales promoter of the latter. This operational input is part of the loan proposal BR-L1298, which aims to: (i) to provide financing to thel ocal grocery shops - small and medium size markets known as "mercaditos" - so they can offer higher-quality service to low-income residents in the region and (ii) to facilitate access to credit and banking products and services for the low income population in the northeastern region of Brazil by leveraging these "mercaditos" as points of sale to these communities.

Project Detail

Project Number
BR-T1215
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-13023-BR

Financial Information

Project Number
BR-T1215
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
Nov/30/2011

Project Information

Total Cost
USD 902,300
Country counterpart financing
USD 537,300
Amount
USD 365,000

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