Supporting the Provision of Transnational Mortgages Loans for Ecuadoran Migrants
The MIF will provide a loan for onlending to Ecuadoran migrants in the US and Spain for the acquisition of housing in Ecuador. The technical assistance will prepare Mutualist Pichincha for scaling up its transnational mortgage operations by establishing new sales channels and improving the administration and supervision of this product line.

Project Detail

Country

Ecuador

Project Number

EC-L1163

Approval Date

August 8, 2007

Project Status

Cancelled

Project Type

Loan Operation

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

HOUSING

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
115/MS-EC Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
115/TD-EC Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
Operation Number 115/MS-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing
Operation Number 115/TD-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing