Skip to main content
Credit Rating Technology for Emerging Enterprises
Develop an accessible technological platform dedicated to developing the target market of microenterprises that are in a limbo of economic growth in Colombia, and to generate possibilities of access to credit, offered under a "Lending Marketplace". This solution will contribute to improving the competitiveness of Colombian microenterprises, and consists of three areas: a) Technical advice to the target market in terms of finance, efficiency, credit capacity, productivity and competitiveness. (B) The design of a credit scoring system; and (c) a multiple data aggregate data system or big data and a risk analysis system of the participating companies. This project will support the construction of software and pilot testing of the technology platform in Colombia. The purpose of the tests is to evaluate the results that result from applying the credit scoring through the estimation of the possibility of default in the payment of the credits of the selected emerging companies. To this end, the project will work on developing links between the platform and local financiers in Colombia, for which three of the largest ones have been worked: Banco de Bogotá, Davivienda and Bancolombia.

Project Detail



Project Number


Approval Date

September 12, 2017

Project Status


Project Type

Technical Cooperation





Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code




Facility Type


Environmental Classification


Total Cost

USD 357,400.00

Country Counterpart Financing

USD 207,400.00

Original Amount Approved

USD 150,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-16339-CO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-16339-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

Can’t find a document? Request information

Implementation Phase
Monitoring and Evaluation Plan (during Execution)
ATNME-16339-CO PSR08141-12202020.pdf
Jul. 19, 2021
Project Performance Monitoring Reports
MIF Project Status Report-6-2018-ATN_ME-16339-CO - Rep7127.pdf
Oct. 23, 2018
Project Performance Monitoring Report
MIF Project Status Report-12-2018-ATN_ME-16339-CO - Rep8659.pdf
Mar. 08, 2019
TC Document
CO-T1458 - Plan of operations.pdf
Oct. 10, 2018
Preparation Phase
TC Abstract
PP Tecnologias para calificacion de Riesgo Crediticio a Empresas Emergentes.pdf
Dec. 19, 2017

Have an Environmental or Social issue related to IDB projects? File a Complaint

Jump back to top