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ME-G1016 : P2P AgroFintech for Unbanked Small Farmers

Project Status: Closed

The expected impact of the project is to contribut to the increase in financial inclusion and incomes of small scale farmers in Mexico and LAC, through the channeling of funds captured by global investors in an innovative digital crowdlending platform, and new and more profitable sales channels of their agricultural products.

Project Detail

Project Number
ME-G1016
Project Country
Mexico
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Investment Grants
Environmental and social impact category
B13
Project Status
Closed
Operation Number
GRT/ME-17710-ME

Financial Information

Project Number
ME-G1016
Project Status
Closed

IDB Financing

Financing type
GRC
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/23/2022

Roles & Responsibilities

Contract signature date
Dec/06/2019

Project Information

Total Cost
USD 4,600,000
Country counterpart financing
USD 0
Amount
USD 600,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
ME-G1016
February 11, 2020
Donors Memorandum
ME-G1016
February 04, 2020