Can’t find a document? Request Information

ME-L1190 : Second Program for the Financing of Rural Sector Production Restructuring and Investments Projects

Project Status: Closed

The objective of the second program under the conditional credit line for investment projects (CCLIP) ME-X1021 is to help raise productivity in Mexico's rural areas by financing production restructuring, investment, and enterprise - and export-development projects. Accordingly, medium- and long-term credit resources will be channeled to the rural sector through FIRA's network of financial intermediaries to enable enterprisesparticularly micro, small, and medium-sized enterprisesin the rural agribusiness, commerce, and related services sectors to carry out their production restructuring, investment, and enterprise- and export-development projects. The CCLIP's objective is to promote private investment in production restructuring, investment, and enterprise- and exportdevelopment projects that boost productivity or promote more efficient use of natural resources, primarily in Mexico's rural sector, through long-term financing that facilitates a greater supply of credit for such investments under favorable conditions.

Project Detail

Project Number
ME-L1190
Project Country
Mexico
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Closed
Operation Number
3701/OC-ME

Financial Information

Project Number
ME-L1190
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/23/2021

Roles & Responsibilities

Contract signature date
Jun/30/2017

Project Information

Total Cost
USD 50,000,000
Country counterpart financing
USD 0
Amount
USD 50,000,000

Preparation

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
ME-L1190
December 14, 2018
Project Monitoring Report ( Public version)
ME-L1190
August 02, 2018
Project Monitoring Report ( Public version)
ME-L1190
February 15, 2018
Project Monitoring Report ( Public version)
ME-L1190
February 15, 2018
Project Monitoring Report ( Public version)
ME-L1190
December 27, 2016

Completed

Title
Type
Project Number
Date Published
Project Completion Report
ME-L1190
March 20, 2020
Project Completion Report
ME-L1190
March 06, 2020