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Enhancing Financing to Small and Micro Enterprises through Innovative Techniques

MIF will assist Banco Uno, Nicaragua and Banco Uno, El Salvador to "downscale" to small and microenterprise financing. The Banco Uno group has a reputation for being
dynamic and innovative with respect to serving low-income
populations. As an example, it was one of the first
institutions to introduce credit cards to this segment in
Central America and is a recognized leader in this regard.
MIF will provide TA to Banco Uno, Nicaragua and Banco
Uno, El Salvador, and a loan to Banco Uno Nicaragua in
order to promote a fuller range of activities with the small
and micro-enterprise sector.

Project Detail

Country

Regional

Project Number

RG-L1094

Approval Date

June 14, 2006

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
101/MS-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 101/MS-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing
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