Cooperative Model for Rural Financial Innovation
The project aims to increase the supply of financial services in rural , agricultural and productive chains with structured tailored to the most remote or not yet have these services populations through new financial technology products and innovations in the industry ways of working with our strategic partners nationwide. The project's Specific objectives include: Meeting demand for competitive and quality financial services in rural areas nationwide through the network of strategic partners ABACO . Sustained growth from a portfolio of loans for the agricultural sector and supply chains to marketing ) in each of the regions where we intervene . Creating strategic alliances and long term positive synergies between associations and institutions involved in each operation. To support the development and growth of the agricultural sector , the micro and small enterprise, with products and services tailored to their needs and requirements. Achieving a degree of operational efficiency that manages to reduce costs related to the expansion of products and services and ensure sustainability of services offered . We seek to get to generate better returns for farmers participating in our operations of supply chains. Finally tracking the quality of life of the beneficiaries at the end of the project demonstrating an improvement in this regard.

Project Detail

Country

Peru

Project Number

PE-L1179

Approval Date

February 12, 2014

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 25,500,000.00

Country Counterpart Financing

USD 20,500,000.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3152/MS-PE Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund
Operation Number 3152/MS-PE
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument:

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31885
Technical Cooperation Agreement
Cooperative Model for Rural Financial Innovation [38242136].PDF
Feb. 24, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-36989
Technical Cooperation Agreement
Modelo Cooperativo de Innovación Financiera Rural [38241879].PDF
Feb. 24, 2015
Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint