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ES-M1039 : 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-M1039
Project Country
El Salvador
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/ME-13634-ES

Financial Information

Project Number
ES-M1039
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Sep/26/2013

Project Information

Total Cost
USD 500,000
Country counterpart financing
USD 250,000
Amount
USD 250,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
Extending financial services for small enterprises in El Salvador through factoring
Donors Memorandum
ES-M1039
May 12, 2015
Donors Memorandum
EXTENSIÓN DE SERVICIOS FINANCIEROS A PEQUEÑAS EMPRESAS DE EL SALVADOR A TRAVÉS DE FACTORAJE
Donors Memorandum
ES-M1039
May 12, 2015
Technical Cooperation Agreement
El Salvador. Préstamo 2899/MS-ES y Cooperación Técnica No Reembolsable ATN/ME-13634-ES Extensión de Servicios Financieros a Pequeñas Empresas de El Salvador a través de Factoraje
Technical Cooperation Agreement
ES-M1039
December 18, 2012
Technical Cooperation Agreement
El Salvador. Loan 2899/MS-ES and Nonreimbursable Technical Cooperation ATN/ME-13634-ES Extending Financial Services for Small Enterprises in El Salvador through Factoring
Technical Cooperation Agreement
ATN/ME-13634-ES;ES-M1039
December 18, 2012

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-13634-ES - Rep6569.pdf
Project Performance Monitoring Reports
ES-M1039
September 27, 2017
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13634-ES.pdf
Project Performance Monitoring Reports
ES-M1039
June 14, 2017
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
September 30, 2016
Procurement Plan
Plan de Adquisiciones: Extensión de Servicios Financieros a Pequeñas Empresas de El Salvador
Procurement Plan
ATN/ME-13634-ES;ES-M1039
April 26, 2016
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
April 07, 2016
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
September 22, 2015
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
March 23, 2015
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
September 15, 2014
Project Performance Monitoring Reports
MIF: Project Status Report ATN/ME-13634-ES
Project Performance Monitoring Reports
ATN/ME-13634-ES;ES-M1039
April 08, 2014

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