FinaRD2036 Program: Accelerating Investments in the Dominican Republic

The operation's overall development objective is to support sales and employment growth among Micro, Small, and Medium-sized Enterprises (MSMEs) in the Dominican Republic by promoting an integrated development banking model. The specific development objective is to support the expansion of financing for productive investments by MSMEs, including the launch of a second-tier lending facility offered by BANDEX focused on providing long-term financing for productive investments.

Project Detail

Country

Dominican Republic

Project Number

DR-L1177

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category FI: Operations in which funds are channeled through financial intermediaries that evaluate and monitor the subprojects they finance.

Total Cost

USD 100,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 100,000,000.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB000848-970948542-24

Project Profile

DR-L1177. PP. PUBLICACION. Programa FinaRD 2036. Acelerando Invers de DR.pdf

May. 26, 2026

Spanish