Rural Microcredit Expansion in the Central Provinces of Panama
The project seeks to expand access to credit among low-income, rural small producers and microentrepreneurs in Panama¿s central provinces so as to improve
their socioeconomic circumstances. The purpose of the project is to expand the
supply of sound microfinance services for new clients in rural areas of Panama by
improving PROCAJA's lending and service delivery capabilities.

Project Detail

Country

Panama

Project Number

PN-L1128

Approval Date

September 8, 2011

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 700,000.00

Country Counterpart Financing

USD 200,000.00

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/ES-11-03-PN Non-Sovereign Guaranteed USD - United States Dollar Spanish Fund for the Entrepreneurship Pr Social Entrepreneurship Program Financing
Operation Number SP/ES-11-03-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Spanish Fund for the Entrepreneurship Pr
  • Financial Instrument: Social Entrepreneurship Program Financing