The general development objective is to contribute to increasing the economic activity of Small and Medium Enterprises (SMEs) in Ecuador by promoting their transformation toward sustainable business models. The specific development objective is to expand long-term productive credit for SMEs, including bio-businesses in the Ecuadorian Amazon, through second-tier financial mechanisms of the National Financial Corporation B.P.
Project Detail
Country
Ecuador
Project Number
EC-G1024
Approval Date
-
Project Status
Preparation
Project Type
Investment Grants
Sector
FINANCIAL MARKETS
Subsector
BANKING MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
-
Country Counterpart Financing
-
Original Amount Approved
USD 1,700,000.00