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PE-M1106 : Electronic Payments Ecosystem

Project Status: Closed

At theimpact level the project aims to improve the living conditions of the population traditionally excluded or under-served bythe financial system, by reducing the cost and improving the variety and quality of the financial services . At the result level ofthe project will develop an ecosystem of digital inclusive financial services. This intervention will developa new transaction channel (platform) implemented by ASBANC. The platform will be tested and used by new customers and companies doing business at the base of the pyramid, and use the digital platform to make payments, and collections. It is moving a large volume of cash transactions by electronic media, and consequently bring the financial system to new customers.

Project Detail

Project Number
PE-M1106
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
C
Project Status
Closed
Operation Number
ATN/ME-15015-PE

Financial Information

Project Number
PE-M1106
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Oct/15/2015

Project Information

Total Cost
USD 1,942,000
Country counterpart financing
USD 942,000
Amount
USD 1,000,000

Approved

Title
Type
Project Number
Date Published
TC Document
PE-M1106
January 12, 2018
TC Document
PE-M1106
January 12, 2018
Technical Cooperation Agreement
ATN/ME-15015-PE;PE-M1106
July 01, 2015
Technical Cooperation Agreement
ATN/ME-15015-PE;PE-M1106
July 01, 2015

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
PE-M1106
September 14, 2017
Project Performance Monitoring Reports
PE-M1106
June 29, 2017
Project Performance Monitoring Reports
ATN/ME-15015-PE;PE-M1106
September 30, 2016