Expansion of Credit Services to Low-income Rural Communities
The general objective of the project is to help improve the socioecnomic conditions of low-income microentrepreneurs and small producers in the rural areas of northwestern, central, and western Guatemala. The specific objective is to expand and facilitate access to credit services for the productive and commercial activities of rural microentrepreneurs and small producers, especially women, offering financing and promoting qualitative institutional improvements in FONDESOL.

Project Detail

Country

Guatemala

Project Number

GU-L1117

Approval Date

December 12, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 850,000.00

Country Counterpart Financing

USD 250,000.00

Original Amount Approved

USD 600,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/ID-08-13-GU Non-Sovereign Guaranteed USD - United States Dollar Italian Trust Fund for Micro-enterprise Small Project Financing
Operation Number SP/ID-08-13-GU
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Italian Trust Fund for Micro-enterprise
  • Financial Instrument: Small Project Financing