Support Innovative Mechanism Providing Rural Credit to Underserved Communities

The main goal of this project is to provide financial services to isolated rural populations through a two-tier mechanism. In order to achieve this goal, in addition to providing financing, the project will assist Codesarrollo in improving its internal capabilities (policies, processes, staff skills, institutional culture) and how it administers the Credifinanciero product line.

Project Detail

Country

Ecuador

Project Number

EC-L1162

Approval Date

November 17, 2004

Project Status

Cancelled

Project Type

Loan Operation

Sector

Subsector

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 2,400,000.00

Country Counterpart Financing

USD 1,200,000.00

Original Amount Approved

USD 1,200,000.00

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