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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

August 6, 2026

Project Status

Implementation

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

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
6172/MS-PE Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Private Sector Financing
Operation Number 6172/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: Private Sector Financing
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