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CO-M1080 : Mobile Saving Accounts for low-income households
Project Status: Cancelled
The project aims, to develop a solution that allows mobile phone users to use their device for electronic monetary transactions. The project will: 1) Link unbanked users to increase the base of people working in the formal financial system, 2) reduce the use of cash to make safer and more efficient monetary operations, contributing to the formalization of these operations.
Project Detail
Project Number
CO-M1080
Approval date
July 06, 2012
Project Country
Colombia
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Cancelled
Operation Number
ATN/ME-13327-CO
Financial Information
Project Number
CO-M1080
Project Status
Cancelled
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
Jun/07/2013
Project Information
Total Cost
USD 1,521,200
Country counterpart financing
USD 681,200
Amount
USD 840,000
Approved
Title
Type
Project Number
Date Published
Technical Cooperation Agreement
ATN/ME-13327-CO;CO-M1080
July 06, 2012
Technical Cooperation Agreement
ATN/ME-13327-CO;CO-M1080
July 06, 2012
Implementation
Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ATN/ME-13327-CO;CO-M1080
April 08, 2014
Procurement Information
DATA ACCESS AND LICENSING
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