INCLUSIVE FINANCIAL SERVICES IN A RURAL ECOSYSTEM

Strengthen the institutional model to attend low-income customers, which presents a wide geographical spread of Bancolombia. The project seeks to develop a branchless banking model with Mobile Technology to increase the access to low-cost clients in a fast and flexible manner.

Project Detail

Country

Colombia

Project Number

CO-M1085

Approval Date

June 22, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 1,401,313.00

Country Counterpart Financing

USD 1,071,313.00

Original Amount Approved

USD 330,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-13299-CO	Non-Sovereign Guaranteed	USD - United States Dollar	Apr. 30, 2025	Oct. 1, 2012	Multilateral Investment Fund II (MIF) -

Operation Number

ATN/ME-13299-CO

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Apr. 30, 2025
Signed Date: Oct. 1, 2012
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument:

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1993396196-15190