PROMOTION OF SAVINGS AND CREDIT AMONG REMITTANCE RECIPIENTS IN THE DOMINICAN REP
El goal of the project is to increase the participation of remittances recipients in the formal financial system. The objective is to strengthen the supply and demand of financial products and services of remittances recipients in the Oriental Zone of Santo Domingo, Dominican Republic. From the supply side, new products included a debit card and credit, based in a credit scoring, will be developed. From the demand side, a financial education will be developed and implemented in this region.

Project Detail

Country

Dominican Republic

Project Number

DR-M1030

Approval Date

October 25, 2011

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MARKET DEVELOPMENT AND FUNCTIONING

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 645,445.00

Country Counterpart Financing

USD 259,144.00

Original Amount Approved

USD 386,301.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-12969-DR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) -
Operation Number ATN/ME-12969-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15750
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [40401728].PDF
Aug. 02, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15749
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [39867699].PDF
Sep. 22, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15748
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [39492766].PDF
Mar. 18, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15747
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-12969-DR [39053265].PDF
Sep. 15, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15746
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [38721907].PDF
Apr. 07, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15745
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [38047676].PDF
Sep. 10, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15751
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12969-DR [37576199].PDF
Mar. 08, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-78864533-15744
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-12969-DR [37022617].PDF
Sep. 10, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31581
Technical Cooperation Agreement
Fomento de Ahorro y Crédito de Receptores de Remesas en la Republica Dominicana [36347676].PDF
Aug. 04, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31582
Technical Cooperation Agreement
Promoting Savings and Credit among Remittance Recipients in the Dominican Republic [36347699].pdf
Aug. 04, 2014
English

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