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PN-L1126 : CREATION OF CENTRO FINANCIERO EMPRESARIAL IN PANAMA
Project Status: Closed
This project seeks to strengthen the financial infrastructure for small enterprises in Panama, by supporting a newly created Centro Financiero Empresarial (CFE). MIF will provide an unsecured long term convertible loan for small business portfolio expansion, and a technical cooperation for institutional strengthening.
Project Detail
Project Number
PN-L1126
Project Country
Panama
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Closed
Operation Number
2474/MS-PN
Financial Information
Project Number
PN-L1126
Project Status
Closed
IDB Financing
Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023
Roles & Responsibilities
Contract signature date
Nov/18/2011
Project Information
Total Cost
USD 8,750,000
Country counterpart financing
USD 7,250,000
Amount
USD 1,500,000
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