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MERCOFACT: An Innovative Platform for Trading Small Business Invoices
An online innovative platform that will allow investors and small enterprises trade receivables through an auction mechanism. This project will ease access to finance for small enterprises, in particular, working capital which is at times difficult to finance at reasonable prices using regular loans.

Project Detail

Country

Dominican Republic

Project Number

DR-L1119

Approval Date

November 9, 2017

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

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 350,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 350,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4367/MS-DR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 4367/MS-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1495048045-5
TC Document
DR-L1119 - Project summary.pdf
Sep. 27, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1495048045-6
TC Document
DR-L1119 - Resumen del proyecto.pdf
Sep. 27, 2018
Spanish

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