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Supporting the Growth of the Factoring Industry
The general objective of the project is to increase the competitiveness of Nicaraguan SMEs by improving their access to financial services that meet their particular needs. The specific objective of the project is to support the factoring industry in Nicaragua by increasing both the supply and demand for factoring. It is hoped that the demonstration effects that will be generated by the success of Credifactor, will lead to an increase in the supply of factoring services.

Project Detail

Country

Nicaragua

Project Number

NI-L1135

Approval Date

August 3, 2005

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
97/MS-NI Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 97/MS-NI
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-230528939-4022
Project Abstract
Project Abstract for MIF project NI-M1005 - 97_MS-NI [1794603].PDF
Dec. 31, 1999
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-230528939-4202
Eligibility Memorandum
Elegibility memorandum for MIF project NI-M1005 - 97_MS-NI [1813001].PDF
Dec. 31, 1999
English

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