Stimulating credit to microentreprenerus from Caja Popular Mexicana

The objective of the project is to contribute to the development of a solid supply of microfinance services in Mexico. The purpose of the project is to boost credit for low-income micro-entrepreneurs, by strengthening the operational and managerial capacities of the Caja Popular Mexicana to reach this segment. The project will help to introduce and strengthen microcredit policies and procedures within CPM's Credit Unit, to the improvement of individual microcredit product design and to the improvement of information systems for reporting and monitoring these products.

Project Detail

Country

Mexico

Project Number

ME-M1071

Approval Date

December 15, 2011

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 888,000.00

Country Counterpart Financing

USD 423,000.00

Original Amount Approved

USD 465,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-13128-ME	Non-Sovereign Guaranteed	USD - United States Dollar	Dec. 31, 2024	Jul. 16, 2012	Multilateral Investment Fund II (MIF) -	Nonreimbursable

Operation Number

ATN/ME-13128-ME

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Dec. 31, 2024
Signed Date: Jul. 16, 2012
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-314702700-3324