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Expanding Access to Financial Services for Rural Microentreprises in Jamaica

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

Country

Jamaica

Project Number

JA-L1060

Approval Date

December 1, 2009

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 640,000.00

Country Counterpart Financing

USD 190,000.00

Original Amount Approved

USD 450,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/ES-09-19-JA Non-Sovereign Guaranteed USD - United States Dollar Spanish Fund for the Entrepreneurship Pr Social Entrepreneurship Program Financing
SP/ES-09-19-JA-1 Non-Sovereign Guaranteed USD - United States Dollar Spanish Fund for the Entrepreneurship Pr Social Entrepreneurship Program Financing
Operation Number SP/ES-09-19-JA
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Spanish Fund for the Entrepreneurship Pr
  • Financial Instrument: Social Entrepreneurship Program Financing
Operation Number SP/ES-09-19-JA-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Spanish Fund for the Entrepreneurship Pr
  • Financial Instrument: Social Entrepreneurship Program Financing
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