Extending financial services for small enterprises in El Salvador through factor
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

Country

El Salvador

Project Number

ES-L1100

Approval Date

December 18, 2012

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2899/MS-ES Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
2899/TD-ES Non-Sovereign Guaranteed USD - United States Dollar Specialized Financial Intermediary Devel Private Sector Financing
Operation Number 2899/MS-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing
Operation Number 2899/TD-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Specialized Financial Intermediary Devel
  • Financial Instrument: Private Sector Financing