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ES-M1051 : I Save With My Remittance

Project Status: Closed

The objective of the project is to increase the access to the formal financial system, especially savings, to remittance recipients in El Salvador. The project expect to develop a new savings product target to better manage their remittances by providing a better coverage and savings incentives.

Project Detail

Project Number
ES-M1051
Project Country
El Salvador
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/ME-15383-ES

Financial Information

Project Number
ES-M1051
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Jul/24/2017

Project Information

Total Cost
USD 971,760
Country counterpart financing
USD 506,505
Amount
USD 465,255

Approved

Title
Type
Project Number
Date Published
TC Document
ES-M1051
January 12, 2018
TC Document
ES-M1051
January 12, 2018

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ES-M1051
November 15, 2018