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CO-M1057 : Opportunity International Colombia Finance Co. Start Up

Project Status: Closed

The project's end goal is to increase access to financial services for the poor people and microbusiness in urban and rural areas of Colombia. To this end, the project will create a supervised MFI (Micro Finance Institution) in Colombia that could serve around 110,000 people with credit, savings, remittances and insurance services within five years.

Project Detail

Project Number

CO-M1057

Project Country

Colombia

Project Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Project Subsector

MICROENTERPRISE DEVELOPMENT

Project Type

Technical Cooperation

Project Lending Type

NSG

Project Modality

Project Facility Type

Environmental and social impact category

B13

Project Status

Closed

Operation Number

ATN/ME-11881-CO

Financial Information

Project Number

CO-M1057

Project Status

Closed

IDB Financing

Financing type

TCN

Fund

Multilateral Investment Fund II (MIF) -

Reporting currency

USD - United States Dollar

Reporting date

Jun/30/2023

Roles & Responsibilities

Contract signature date

Nov/04/2009

Project Information

Total Cost

USD 100,000

Country counterpart financing

USD 0

Amount