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JA-L1060 : Expanding Access to Financial Services for Rural Microentreprises in Jamaica

Project Status: Closed

The goal of this project is to contribute to greater access to financial services for micro entrepreneurs in Jamaica, especially in the rural areas and secondary cities. The project will do so by providing loan funds for the expansion of MCL¿s portfolio in these areas, and it will also provide technical assistance in the design and implementation of new loan products which are adequate to this sector.

Project Detail

Project Number
JA-L1060
Project Country
Jamaica
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Closed
Operation Number
SP/ES-09-19-JA-1

Financial Information

Project Number
JA-L1060
Project Status
Closed

IDB Financing

Financing type
SEP
Fund
Spanish Fund for the Entrepreneurship Pr
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/30/2010
Operation Number
SP/ES-09-19-JA

Financial Information

Project Number
JA-L1060
Project Status
Closed

IDB Financing

Financing type
SEP
Fund
Spanish Fund for the Entrepreneurship Pr
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/30/2010

Project Information

Total Cost
USD 640,000
Country counterpart financing
USD 190,000
Amount
USD 450,000

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