Financial and Sustainable Boost Program for SMEs and Biobusinesses in Ecuador

The general development objective is to contribute to increasing productive investments by Small and Medium-sized Enterprises (SMEs). The specific development objectives are: (i) to expand long-term productive credit for SMEs; and (ii) to build capacity in the provision of credit to SMEs with bioeconomy businesses in the Ecuadorian Amazon (EA).

Project Detail

Country

Ecuador

Project Number

EC-L1302

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 200,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 200,000,000.00