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ES-M1052 : Expanding Access to Financial Products and Services for Remittance Clients throu

Project Status: Closed

The project plans to increase the availability of products and financial services focused in remittances recipients in El Salvador. Through the MIF`s partnership this project will aim to increase access to and use of formal savings accounts as a way to improve the livehoods of remittances recipients located in areas where the majority of this population reside.

Project Detail

Project Number
ES-M1052
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-15426-ES

Financial Information

Project Number
ES-M1052
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
May/31/2016

Project Information

Total Cost
USD 848,880
Country counterpart financing
USD 564,280
Amount
USD 284,600

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ES-M1052
September 28, 2017