Access to Financing for Micro, Small, & Med-Sized Producers through Alt Channels
This operation is also in line with the Opportunities for the Majority Initiative because (i) it facilitates access to financing for small-scale producers at the base of the pyramid, which would otherwise not be feasible due to a lack of credit history and/or collateral; (ii) it is innovative, in that it promotes the development of alternative channels for access to financing by using the platform of anchor companies in the agroindustry sector; and (iii) it is a model with potential for replication and scaling by other banks in Ecuador and in other countries in the region.financed,¿ and 3.5.6, ¿Farmers given access to improved agricultural services and investments.¿

Project Detail

Country

Ecuador

Project Number

EC-L1137

Approval Date

July 3, 2014

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 90,000,000.00

Original Amount Approved

USD 10,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3244A/OC-EC-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 3244A/OC-EC-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1350
Agreement - Financial Closing - SCF
Ecuador_ Loan 3224S_OC-EC to Banco de Guayaquil, S_A_ [38842550].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1343
Agreement - Financial Closing - SCF
Ecuador_ Préstamo 3224_OC-EC a Banco de Guayaquil S_A_ [38842888].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1346
Agreement - Financial Closing - SCF
Ecuador_ Acceso a Financiamiento para Micro, Pequeños y Medianos Productores a través de Canales Alternativos_ F [38842886].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1347
Agreement - Financial Closing - SCF
Ecuador_ Access to Financing for Micro, Small and Medium-Sized Producers through Alternative Channels_ China Co- [38842553].PDF
Feb. 02, 2015
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1351
Environmental and Social Management Reports
Banco Guayaquil ESMR [38888962].DOCX
Jun. 26, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1348
Project Abstract
Access to Finance for Small and Medium Producers (Guayaquil) - Project Abstract [38797920].docx
May. 15, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1219897816-1349
Environmental and Social Strategies
Access to FInance for Small and Medium Prodrucer (Guayaquil) - ESS [38797904].docx
May. 15, 2014
English

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