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NI-M1033 : Institutional Strengthening for the Transformation of FUNDESER

Project Status: Closed

The objective is to contribute to the improvement of the micro, small and medium enterprises served by FUNDESER, with emphasis on the rural sector of the country. The purpose is to contribute to the expansion of the supply of microfinance services in rural and marginal urban areas through support for the process of transformation of FUNDESER into a financial institution regulated by the Nicaraguan Superintendency of Banks and Other Financial Institutions.

Project Detail

Project Number
NI-M1033
Project Country
Nicaragua
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/ME-13698-NI

Financial Information

Project Number
NI-M1033
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Apr/05/2013

Project Information

Total Cost
USD 558,000
Country counterpart financing
USD 196,000
Amount
USD 362,000

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ATN/ME-13698-NI;NI-M1033
April 07, 2016
Project Performance Monitoring Reports
ATN/ME-13698-NI;NI-M1033
September 22, 2015
Project Performance Monitoring Reports
ATN/ME-13698-NI;NI-M1033
March 19, 2015
Project Performance Monitoring Reports
ATN/ME-13698-NI;NI-M1033
September 22, 2014
Project Performance Monitoring Reports
ATN/ME-13698-NI;NI-M1033
April 08, 2014