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Formalization of Small Businesses in the Oriente Antioqueño Region
The main objective of this project is to promote formalization the legal registration of small businesses that are below the poverty line, through public and private agreements, trainings and consultancies. General Objective: Promote formalization and legal registration of small businesses in 23 municipalities of the Oriente Antioqueño region. Specific Objetives: Increase the number of businesses that fulfill legal normativity. romote formalization within commercial businesses that no not have a legal register or had not renewed it. Train the owners of informal businesses in legal aspects, tax laws and commercialization with the objective of promoting regional development and to strength their entrepreneurial skills. Formalization of commercial businesses. Signing of agreements with the municipal administrations with the objective of supporting the businesses formalization. Evaluate and monitor the promotion and formalization processes.
Components and Activities. Component 1 Promotion of formalization. Commercial survey. Motivation and sensibilization. Component 2: Formalization. Domiciliary visits. Permanent consultancies. Component 3: Interinstitucional strengthening
Motivation to municipalities. Signing of agreements. Component 4: Monitoring and evaluation . Technical committees. Beneficiaries: Businesses located in the Oriente Antioqueño region. Expected Results: Promote businesses formalization

Project Detail

Country

Colombia

Project Number

CO-M1048

Approval Date

July 22, 2008

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 Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 224,843.00

Country Counterpart Financing

USD 107,846.00

Original Amount Approved

USD 116,997.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-11105-CO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-11105-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-722242693-9378
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-11105-CO [37084082].PDF
Sep. 04, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-722242693-10162
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-11105-CO [36841029].PDF
May. 03, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-958491090-19
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-11105-CO [36435404].PDF
Sep. 27, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-722242693-15352
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-11105-CO [35820216].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-722242693-16394
Project Performance Monitoring Reports
FOMIN_ Project Status Report ATN_ME-11105-CO [35524190].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-958491090-16
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-11105-CO [35195578].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-722242693-8220
Donors Memorandum
Donnors Memorandum CO-M1048 [35051764].PDF
Dec. 31, 1999
English

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