Rural Financial Inclusion in the State of Puebla and Surrounding Areas through B

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

Country

Mexico

Project Number

ME-S1007

Approval Date

December 18, 2014

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 380,545.00

Country Counterpart Financing

USD 130,545.00

Original Amount Approved

USD 250,000.00

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