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Enhance Dev. Impact of Peruvian Workers' Remittances from JP

The main objective of the Project is to enhance the development impact of workers' remittances to Peru from Japan through an innovative structured transaction to finance the expansion of medium to long-term credit to the microfinance, the SME sector, and the recipients of remittances. The MIF's involvement also helps to support a growing market with profound social repercussions: the impact of workers' remittances in LAC. This is an important catalytic role of the MIF because it enhances the development impact of remittance flows and will help Banco del Trabajo to leverage its Peruvian workers' remittance flows from Japan by expanding its medium to long-term loan portfolio in Peru.

Project Detail

Country

Peru

Project Number

PE-M1010

Approval Date

November 17, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 400,000.00

Country Counterpart Financing

USD 200,000.00

Original Amount Approved

USD 200,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8949-PE Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8949-PE
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1614677564-10400
MIF Project Product
“Estimación de la demanda en relación a productos financieros que ofrezcan las entidades del sistema financiero [35776330].PDF
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1614677564-16800
MIF Project Product
Informe Final del plan de capacitacion_ [35776329].PDF
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1614677564-16801
MIF Project Product
Reporte Final del Proyecto [35776331].PDF
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1614677564-4213
Eligibility Memorandum
Elegibility memorandum for MIF project PE-M1010 - ATN_ME-8949-PE [1813251].PDF
Dec. 31, 1999
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1614677564-4027
Project Abstract
Project Abstract for MIF project PE-M1010 - ATN_ME-8949-PE [1794804].PDF
Dec. 31, 1999
English

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