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ES-L1100 : Extending financial services for small enterprises in El Salvador through factor
Project Status: Closed
The objective of the project is to strengthen the institutional capacity of Factoraje Pentagono in order to expand its factoring services to new clients. Factoraje Pentagono is one of the main actors in the factoring market in El Salvador and is the only one specialized and dedicated solely to this specific financing service.
Project Detail
Project Number
ES-L1100
Project Country
El Salvador
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Closed
Operation Number
2899/TD-ES
Financial Information
Project Number
ES-L1100
Project Status
Closed
IDB Financing
Financing type
PSL
Fund
Specialized Financial Intermediary Devel
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023
Roles & Responsibilities
Contract signature date
Sep/26/2013
Operation Number
2899/MS-ES
Financial Information
Project Number
ES-L1100
Project Status
Closed
IDB Financing
Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023
Roles & Responsibilities
Contract signature date
Sep/26/2013
Project Information
Total Cost
USD 1,500,000
Country counterpart financing
USD 0
Amount
USD 1,500,000
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Procurement Information
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