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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-M1039

Approval Date

December 18, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 500,000.00

Country Counterpart Financing

USD 250,000.00

Original Amount Approved

USD 250,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13634-ES Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13634-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33315
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [40690360].PDF
Sep. 30, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33310
Procurement Plan
Plan de Adquisiciones_ Extensión de Servicios Financieros a Pequeñas Empresas de El Salvador [40241211].PDF
Apr. 14, 2016
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33314
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [40228932].PDF
Apr. 07, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33313
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [39868336].PDF
Sep. 22, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33311
Donors Memorandum
Extending financial services for small enterprises in El Salvador through factoring [39625933].PDF
May. 13, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1223446684-33312
Donors Memorandum
EXTENSIÓN DE SERVICIOS FINANCIEROS A PEQUEÑASEMPRESAS DE EL SALVADOR A TRAVÉS DE FACTORAJE [39625944].PDF
May. 13, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1455965023-2981
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [39504578].PDF
Mar. 27, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1455965023-2980
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [39054787].PDF
Sep. 15, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1455965023-2979
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES [38724065].PDF
Apr. 08, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31767
Technical Cooperation Agreement
El Salvador_ Préstamo 2899_MS-ES y Cooperación Técnica No Reembolsable ATN_ME-13634-ES Extensión de Servicios Fi [37307853].PDF
Nov. 03, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31768
Technical Cooperation Agreement
El Salvador_ Loan 2899_MS-ES and Nonreimbursable Technical Cooperation ATN_ME-13634-ES Extending Financial Servi [37307886].PDF
Nov. 03, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-111960202-3
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES.pdf
Jun. 14, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-111960202-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-13634-ES - Rep6569.pdf
Sep. 27, 2017
English

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