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EC-L1271 : Bankaio: A Mobile Solution to for digital financial inclusion

Project Status: Implementation

Bankaio is a mobile platform that uses series of alternative data sources and an artificial intelligence engine, to offer a set of progressive credit products that smartly and dynamically assist users in the construction of a formal credit profile.

Project Detail

Project Number
EC-L1271
Approval date
December 09, 2020
Project Country
Ecuador
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Loan Operation
Project Status
Implementation
Operation Number
5190/MS-EC

Financial Information

Project Number
EC-L1271
Project Status
Implementation

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/23/2022

Roles & Responsibilities

Project Information

Total Cost
USD 600,000
Country counterpart financing
USD 0
Amount
USD 600,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
EC-L1271
January 14, 2021
Donors Memorandum
EC-L1271
January 14, 2021