Prester: Promoting Financial Inclusion in Paraguay through Alternative Scoring

The objective of the project is to support the growth of Prester's portfolio with a particular focus on building the credit history of women, informal workers and the population of rural areas of Paraguay who do not have formal access to credit.

Project Detail

Country

Paraguay

Project Number

PR-L1191

Approval Date

December 4, 2023

Project Status

Implementation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 1,500,000.00

Country Counterpart Financing

USD 1,000,000.00

Original Amount Approved

USD 500,000.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0001338-1637401188-6

Profile

IDEATE 2023-11-17 Public Summary 1336 PR-L1191.pdf

Nov. 17, 2023

English

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