Connecting the Equity Market with Micro, Small, and Medium-Sized Enterprises: Peru Microfinance Investment Fund

Participate in the creation of an investment fund that will link the Peruvian capital markets (AFPs and others) to the subordinated and senior debt funding needs of Peruvian microfinance institutions, to support their growth and consolidation, and expand access to credit for SMEs. The MIF will participate as an anchor investor with an equity investment.

Project Detail

Country

Peru

Project Number

PE-Q0003

Approval Date

November 30, 2016

Project Status

Cancelled

Project Type

Equity

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 95,000,000.00

Original Amount Approved

USD 5,000,000.00