Savings for All
Caja Nuestra Gente is a Rural Savings Bank in Peru with an important number of low income women who are recipients of a conditional cash transfer (called Juntos Program). This institution was reaching rural areas offering loan products for entrepreneurship, mainly targeted to women, but were mobilizing savings from a different population. With MIF support (ProSavings Program) Caja Nuestra Gente will be developing savings products tailored to conditional cash transfers recipients needs in order to encourage a shift in behavior from immediate consumption to savings, to increase investment in education, health, emergencies and specially small businesses. In Peru most of the financial institutions offer credit to low income people but there is a lack of savings products for this segment. These new products developed by the project will be used at least by 6.000 low income people living in 19 districts of Peru.

Project Detail

Country

Peru

Project Number

PE-M1089

Approval Date

December 5, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 430,090.00

Country Counterpart Financing

USD 240,290.00

Original Amount Approved

USD 189,800.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13567-PE Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13567-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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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32794
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [40690347].PDF
Sep. 30, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32793
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [40228768].PDF
Apr. 07, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32792
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [39887688].PDF
Oct. 08, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32791
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [39576625].PDF
Apr. 16, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32790
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [39055170].PDF
Sep. 16, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-714251847-32789
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13567-PE [38724730].PDF
Apr. 08, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1289847009-3
Project Performance Monitoring Reports
MIF Project Status Report-12-2016-ATN_ME-13567-PE - Rep6246.pdf
Jun. 13, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-1289847009-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-13567-PE - Rep6493.pdf
Oct. 30, 2017
English

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