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EC-L1279 : CRECER Program - Credit for Business Growth and Recovery
Project Status: Implementation
The general development objective of the program is to support the economic recovery of Micro, Small and Medium Enterprises (MSMEs) in Ecuador. The specific development objective is to expand access to credit for Ecuadorian MSMEs through the CFN's second-tier financial instruments.
Project Detail
Project Number
EC-L1279
Approval date
November 30, 2022
Project Country
Ecuador
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
GCR (Global Credit Operation)
Project Facility Type
Environmental and social impact category
FI
Project Status
Implementation
Operation Number
5676/OC-EC
Financial Information
Project Number
EC-L1279
Project Status
Implementation
IDB Financing
Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/02/2023
Roles & Responsibilities
Contract signature date
Apr/14/2023
Project Information
Total Cost
USD 300,000,000
Country counterpart financing
USD 0
Amount
USD 300,000,000
Preparation
Title
Type
Project Number
Date Published
Approved
Title
Type
Project Number
Date Published
Loan Contract
EC-L1279
May 08, 2023
Loan Contract
EC-L1279
May 08, 2023
Loan Contract
EC-L1279
January 19, 2023
Loan Contract
EC-L1279
January 19, 2023
Implementation
Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
EC-L1279
July 20, 2023
Procurement Information
DATA ACCESS AND LICENSING
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