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ME-L1198 : Rural Financial Inclusion in the State of Puebla and Surrounding Areas through B

Project Status: Closed

The proposed project contributes to the economic and social growth of local businesses and low-income families in rural areas of the states of Puebla and Oaxaca. The purpose of the project is to expand access to quality financial services and products for low-income population in rural areas by strengthening and expanding the network of branchless banking of SOFIPO La Perseverancia, by implementing terminals in local businesses.

Project Detail

Project Number

ME-L1198

Project Country

Mexico

Project Sector

FINANCIAL MARKETS

Project Subsector

FINANCIAL INCLUSION

Project Type

Loan Operation

Project Lending Type

NSG

Project Modality

Project Facility Type

Project Status

Closed

Operation Number

SP/OC-14-07-ME

Financial Information

Project Number

ME-L1198

Project Status

Closed

IDB Financing

Financing type

SEP

Fund

Ordinary Capital

Reporting currency

USD - United States Dollar

Reporting date

Jul/18/2023

Roles & Responsibilities

Contract signature date

May/07/2015

Project Information

Total Cost

USD 950,000

Country counterpart financing

USD 250,000

Amount

USD 700,000

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