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CH-L1098 : Project for Productive Development Financing in Chile

Project Status: Closed

The objective is to expand/improve the supply of production financing instruments in the Chilean financial sector for micro, small, and medium-sized enterprises (MSMEs). To that end, CORFO will be funded to channel resources through nonbank financial intermediaries (factoring companies, savings and loan cooperatives, and nonbank leasing companies). The project seeks to enhance the Chilean financial sector (by extending tenors and cutting interest rates) and is also expected to boost the productivity of MSMEs

Project Detail

Project Number
CH-L1098
Project Country
Chile
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
GCR (Global Credit Operation)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
3677/OC-CH

Financial Information

Project Number
CH-L1098
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Jun/29/2016

Project Information

Total Cost
USD 120,300,000
Country counterpart financing
USD 300,000
Amount
USD 120,000,000

Preparation

Title
Type
Project Number
Date Published

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
CH-L1098
August 12, 2022
Project Monitoring Report ( Public version)
CH-L1098
February 20, 2022
Annual Project Audited Financial Statement
CH-L1098
July 30, 2021
Project Monitoring Report ( Public version)
CH-L1098
July 20, 2021
Project Monitoring Report ( Public version)
CH-L1098
March 09, 2021
Annual Project Audited Financial Statement
CH-L1098
December 10, 2020
Project Monitoring Report ( Public version)
CH-L1098
August 24, 2020
Project Monitoring Report ( Public version)
CH-L1098
February 12, 2020
Project Monitoring Report ( Public version)
CH-L1098
October 15, 2019
Project Monitoring Report ( Public version)
CH-L1098
December 14, 2018
Project Monitoring Report ( Public version)
CH-L1098
August 02, 2018
Project Monitoring Report ( Public version)
CH-L1098
February 15, 2018
Project Monitoring Report ( Public version)
CH-L1098
February 14, 2018
Project Monitoring Report ( Public version)
CH-L1098
December 28, 2016

Completed