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PR-L1074 : Banco Familiar- Financial Inclusion of the Base of the Pyramid

Project Status: Approved

The objective of this operation is to expand access to the financial sector among informal workers at the base of the pyramid in Paraguay by means of a credit facility that meets the specific needs for this segment. The loans are used to meet urgent needs in the areas of health, education, and working capital for individuals who have a stable income but no way of demonstrating it.

Project Detail

Project Number
PR-L1074
Project Country
Paraguay
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS-FINANCIAL INCLUSION
Project Type
Loan Operation
Project Status
Approved
Operation Number
2916A/OC-PR-1

Financial Information

Project Number
PR-L1074
Project Status
Completed

IDB Financing

Financing type
Private Sector Loan
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jan/31/18

Roles & Responsibilities

Contract signature date
Apr/19/13
Operation Number
2916A/OC-PR-2

Financial Information

Project Number
PR-L1074
Project Status
Completed

IDB Financing

Financing type
Private Sector Loan
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jan/31/18

Roles & Responsibilities

Contract signature date
Apr/19/13

Project Information

Total Cost
USD 10,000,000
Country counterpart financing
USD 0
Fund
Ordinary Capital
Amount
10,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
PR-L1074
August 23, 2016