Institutional Strengthening of Crédito Firme:Expanded Financing for SEs
The project's goal is to contribute to the expansion of commercial financing for small enterprises in Mexico. Is purpose is to strenghen the technical and institutional capabilities of Crédito Firme SA of CV, SOFOMER to grant financing to small enterprises. The project will contribute to the fortification of the methodologies of credit evaluation, to the development of financial products targeted to this segment, and traiining of Credito Firme's credit personnel. The final beneficiaries will be small enterprises accross several areas in the Northern region of the country.

Project Detail

Country

Mexico

Project Number

ME-M1049

Approval Date

September 30, 2008

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 750,000.00

Country Counterpart Financing

USD 375,000.00

Original Amount Approved

USD 375,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-11224-ME Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) -
Operation Number ATN/ME-11224-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-62884230-5121
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-11224-ME [2260819].PDF
Dec. 31, 1999
English

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