I Save With My Remittance
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

Country

El Salvador

Project Number

ES-M1051

Approval Date

November 30, 2015

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 and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 971,760.00

Country Counterpart Financing

USD 506,505.00

Original Amount Approved

USD 465,255.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15383-ES Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15383-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

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1059622747-5
Approved TC document
El Salvador_ ENG_Con Mi Remesa Yo Ahorro.PDF
Jan. 12, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1331598830-3
Project Performance Monitoring Reports
MIF Project Status Report-12-2017-ATN_ME-15383-ES - Rep7404.pdf
Oct. 23, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1331598830-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2018-ATN_ME-15383-ES - Rep7405.pdf
Nov. 15, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1331598830-5
Project Performance Monitoring Report
MIF Project Status Report-12-2018-ATN_ME-15383-ES - Rep8568.pdf
May. 24, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-360824155-3
Approved TC document
El Salvador_ Con Mi Remesa Yo Ahorro.PDF
Jan. 12, 2018
English

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