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ES-T1309 : Digital Transformation and New Financial Products for Salvadoran SMEs

Project Status: Implementation

To facilitate a dynamic menu of financial and non-financial services focused on the changing needs of Salvadoran SMEs to help them become commercial, managerial and technologically competitive, when they enter into a financial relationship with Scotiabank El Salvador, that is, when they obtain a loan , open a bank account, purchase payment services, or other Scotiabank products focused on SMEs.

Project Detail

Project Number
ES-T1309
Approval date
December 02, 2019
Project Country
El Salvador
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
ATC/ME-17759-ES

Financial Information

Project Number
ES-T1309
Project Status
Implementation

IDB Financing

Financing type
TCC
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Mar/16/2023

Roles & Responsibilities

Contract signature date
Jun/01/2020
Operation Number
ATN/ME-17758-ES

Financial Information

Project Number
ES-T1309
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Mar/16/2023

Roles & Responsibilities

Contract signature date
Jun/01/2020

Project Information

Total Cost
USD 1,998,600
Country counterpart financing
USD 1,248,600
Amount
USD 750,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
ES-T1309
February 04, 2020
Donors Memorandum
ES-T1309
February 04, 2020