Microagency model to increase financial services for suburban and rural microent

The goal of the project is to penetrate the microfinance market in localities with few financial services. The purpose is to design a selfsustainable and decentralized coverage system through microagencies incorporated into local development networks.

Project Detail

Country

Chile

Project Number

CH-L1115

Approval Date

March 19, 2008

Project Status

Cancelled

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 3,750,000.00

Country Counterpart Financing

USD 2,000,000.00

Original Amount Approved

USD 1,750,000.00