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Expansion Financial Services Coverage to SMEs through Microfinance Ins. WWB

The general objective of the project is to improve the quality and efficiency of financial services provided to microenterprises and small enterprises by introducing advanced technologies to the microfinance operations of WWB network affiliates in Colombia and the Dominican Republic. This will allow for increased efficiency in the loan process and will improve channels for distributing these services. Improvements in efficiency and productivity will translate to lower interest rates for low-income borrowers at participating institutions and more flexible products, designed to meet their needs.

Project Detail

Country

Colombia

Project Number

CO-M1008

Approval Date

December 8, 2004

Project Status

Closed

Project Type

Technical Cooperation

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 97,500.00

Country Counterpart Financing

USD 40,000.00

Original Amount Approved

USD 57,500.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8996-CO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8996-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1257334337-1
Procurement Plan
Plan de Adquisiciones Programa de Apoyo a las Instituciones Microfinancieras afiliadas a la Red del Banco Mundial [1304200].XLS
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1257334337-28
Procurement Plan
Plan de Adquisiciones Programa de Apoyo a las Instituciones Microfinancieras afiliadas a la Red del Banco Mundia [11099649].XLS
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1257334337-795
Procurement Plan
Plan Adquisiciones [789775].XLS
Dec. 31, 1999
Other
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-587730860-12
Multilateral Investment Fund Abstract
Expanding the coverage of financial services for microenterprises and small business through microfinance instit [37790150].PDF
May. 24, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-587730860-9
Multilateral Investment Fund Abstract
Ampliación de la cobertura de servicios financieros a las micro y pequeñas empresas a través de las institucione [37790098].PDF
May. 24, 2013
Spanish

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