Cooperative Model for Rural Financial Innovation

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

Country

Peru

Project Number

PE-M1095

Approval Date

February 12, 2014

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 773,000.00

Country Counterpart Financing

USD 373,000.00

Original Amount Approved

USD 400,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-14313-PE	Non-Sovereign Guaranteed	USD - United States Dollar	Oct. 14, 2024	Mar. 11, 2014	Multilateral Investment Fund II (MIF) -	Nonreimbursable

Operation Number

ATN/ME-14313-PE

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Oct. 14, 2024
Signed Date: Mar. 11, 2014
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-405910300-30609