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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-Q0001

Approval Date

June 27, 2007

Project Status

Cancelled

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,500,000.00

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