CREATION OF CENTRO FINANCIERO EMPRESARIAL IN PANAMA

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

Country

Panama

Project Number

PN-M1020

Approval Date

December 1, 2010

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 1,580,850.00

Country Counterpart Financing

USD 830,850.00

Original Amount Approved

USD 750,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-12524-PN	Non-Sovereign Guaranteed	USD - United States Dollar	Nov. 30, 2024	Nov. 18, 2011	Multilateral Investment Fund II (MIF) -	Nonreimbursable

Operation Number

ATN/ME-12524-PN

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Nov. 30, 2024
Signed Date: Nov. 18, 2011
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-570705260-12176