ALIATU: Financial Inclusion of Micro and Small Companies in Colombia

The goal is to provide a loan to Tangelo, Colombian Fintech (legal name: Zinobe) and a technology company specializing in offering credit products to people with little or no access to the traditional financial system and to MSMEs that have difficulty obtaining working capital financing from traditional banks. The loan will be used to expand the Aliatu line of credit products designed in conjunction with corporate partners to meet the specific needs of MSMEs and their clients.

Project Detail

Country

Colombia

Project Number

CO-L1279

Approval Date

December 15, 2022

Project Status

Cancelled

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 11,000,000.00

Country Counterpart Financing

USD 9,500,000.00

Original Amount Approved

USD 1,500,000.00

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1652206941-5

Donors Memorandum

CO-L1279 Resumen del proyecto.pdf

Feb. 21, 2023

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-1652206941-4

Donors Memorandum

CO-L1279 Project Summary.pdf

Feb. 21, 2023

English

Preparation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1652206941-3

Profile

IDEATE 2022-06-07 Public Summary 1147 CO-L1279.pdf

Nov. 08, 2022

English

https://www.iadb.org/document.cfm?id=EZSHARE-556623274-12

Environmental and Social Review Summary

CO-L1279 Aliatu-Tangelo_Resumen de la Revision Ambiental y Social.pdf

Jul. 27, 2022

English

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