Creation New Microfinance Institutions to Increase Access to Microentrepreneurs
The main objective of the project is to accelerate the access to credit for micro and small entrepreneurs in Dominican Republic through the creation of a specialized financing institution in microfinance.

Project Detail

Country

Dominican Republic

Project Number

DR-M1016

Approval Date

June 27, 2007

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 3,749,060.00

Country Counterpart Financing

USD 2,011,000.00

Original Amount Approved

USD 1,738,060.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-10466-DR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-10466-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable