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Promotion of Savings by Recipients of Government Payments
The project will provide the public access to its conditional cash transfers (not just the LPG subsidy but any kind of social contributions) in a flexible and timely manner, through a savings account easy electronic activation, in which to be held the deposit subsidy, facilitating their delivery and also contributing to the accumulation of savings to meet future needs or achieve a purpose. The project involves the accompaniment of the financial education of these customers, contributing to the success of its implementation, ie the use of the product and service delivery through the distribution channels of traditional and non-bank, Mobile Banking and ATMs. This will impact on the banking or financial inclusion of the population still lacks access to savings services, getting future not only have accumulated savings to cover different situations, but also access to credit, this associated with bring banking benefits to families and the economy of the country

Project Detail

Country

El Salvador

Project Number

ES-M1041

Approval Date

October 25, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 1,152,504.00

Country Counterpart Financing

USD 740,040.00

Original Amount Approved

USD 412,464.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13475-ES Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13475-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-1136004384-16316
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES [40690288].PDF
Sep. 30, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1136004384-16315
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES [40225974].PDF
Apr. 06, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1136004384-16314
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES [39868083].PDF
Sep. 22, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1136004384-16313
Procurement Plan
Plan de Adquisiciones_ Promoción de Ahorros entre Receptores de Pagos de Gobierno [39812177].PDF
Nov. 18, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-334332595-29
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES [39504575].PDF
Apr. 13, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-334332595-28
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES [39051413].PDF
Sep. 13, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1879177276-14
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13475-ES.pdf
Jun. 12, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-1879177276-15
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-13475-ES - Rep6795.pdf
Oct. 30, 2017
English

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