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PN-M1020 : 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-M1020

Project Country

Panama

Project Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Project Subsector

MICROENTERPRISE DEVELOPMENT

Project Type

Technical Cooperation

Project Lending Type

NSG

Project Modality

Project Facility Type

Environmental and social impact category

B13

Project Status

Closed

Operation Number

ATN/ME-12524-PN

Financial Information

Project Number

PN-M1020

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

Nov/18/2011

Project Information

Total Cost

USD 1,580,850

Country counterpart financing

USD 830,850

Amount

USD 750,000

Implementation

Title

Type

Project Number

Date Published

Project Performance Monitoring Reports

MIF: Project Status Report ATN/ME-12524-PN