Millennium Mobility: Low-Emission Vehicle Financing for GiG Economy Workers in Peru

To expand access to productive asset financing for underserved gig economy workers in Peru, particularly women, migrants, and first-time borrowers, while promoting low-emission urban mobility solutions through the financing of cleaner vehicle technologies and electric mobility infrastructure.

Project Detail

Country

Peru

Project Number

PE-L1311

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

OTHER

Subsector

OTHER

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 46,000,000.00

Country Counterpart Financing

USD 40,000,000.00

Original Amount Approved

USD 6,000,000.00