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Génesis Empresarial: Digital Technologies to Accelerate Rural Financial Inclusion
The project aims to increase the financial inclusion of low-income populations in Guatemala -in particular women and the indigenous and rural population - through the application of new generation financial technologies that reduce the costs and improve the quality of the financial products and services for these users. The expected result is for Genesis Empresarial to successfully implement and make available to its clients: (i) new digital financial products for credit and payments; (ii) an expanded electronic and cash payment and transaction ecosystem; and (c) support the adoption of digital financial tools by target clients.

Project Detail

Country

Guatemala

Project Number

GU-L1173

Approval Date

May 29, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 5,300,000.00

Country Counterpart Financing

USD 1,300,000.00

Original Amount Approved

USD 4,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4792/MS-GU Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 4792/MS-GU
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-345291239-5
Donors Memorandum
GU-L1173 - GU-T1302 - Project summary.pdf
Sep. 03, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-345291239-6
Donors Memorandum
GU-L1173 - GU-T1302 - Resumen del proyecto.pdf
Sep. 03, 2019
Spanish

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