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PE-M1095 : Cooperative Model for Rural Financial Innovation

Project Status: Closed

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

Project Number
PE-M1095
Project Country
Peru
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/ME-14313-PE

Financial Information

Project Number
PE-M1095
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Mar/11/2014

Project Information

Total Cost
USD 773,000
Country counterpart financing
USD 373,000
Amount
USD 400,000

Approved

Title
Type
Project Number
Date Published
Technical Cooperation Agreement
3152/MS-PE;ATN/ME-14313-PE;PE-M1095
February 12, 2014
Technical Cooperation Agreement
3152/MS-PE;ATN/ME-14313-PE;PE-M1095
February 12, 2014

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
PE-M1095
September 11, 2017
Project Performance Monitoring Reports
PE-M1095
June 14, 2017
Project Performance Monitoring Reports
ATN/ME-14313-PE;PE-M1095
September 30, 2016
Project Performance Monitoring Reports
ATN/ME-14313-PE;PE-M1095
April 19, 2016
Project Performance Monitoring Reports
ATN/ME-14313-PE;PE-M1095
September 23, 2015
Project Performance Monitoring Reports
ATN/ME-14313-PE;PE-M1095
March 19, 2015
Project Performance Monitoring Reports
ATN/ME-14313-PE;PE-M1095
September 16, 2014