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Rural financial services via village banking
The objective of the project is to expand and diversify the supply of sound microfinance services in rural areas, by improving the capacity of financial intermediaries to reach underserved clients. The purpose of the project is to implement the methodology of village banking in Financiera El Comercio's operations, so that it can expand its credit and savings services to low income populations in rural areas of Paraguay. The project will consist of a Technical Cooperation.

Project Detail

Country

Paraguay

Project Number

PR-M1022

Approval Date

October 28, 2011

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 Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,100,000.00

Country Counterpart Financing

USD 370,000.00

Original Amount Approved

USD 730,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-12973-PR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-12973-PR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-214513053-222
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12973-PR [39886990].PDF
Oct. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-717383942-51
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12973-PR [39541740].PDF
Apr. 01, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-717383942-44
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-12973-PR [39053283].PDF
Sep. 15, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-214513053-173
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12973-PR [38723109].PDF
Apr. 07, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-717383942-31
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12973-PR [38058203].PDF
Sep. 16, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-717383942-28
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-12973-PR [37866440].PDF
Jul. 01, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31593
Technical Cooperation Agreement
Expansión de Servicios Microfinancieros Rurales para Personas de Bajos Ingresos a través de Bancos Comunales [36448993].PDF
Aug. 04, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31594
Technical Cooperation Agreement
Expansion of Rural Microfinance Services for Low-income Persons through Village Banks [36449025].pdf
Aug. 04, 2014
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-214513053-184
Financial Statements
Publicación de EFA - PR-M1022 - Financiera El Comercio SAECA [38974868].PDF
Aug. 07, 2014
Spanish

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