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Local Currency Fund for Microfinance Institutions

The main objective of this project is to increase the supply of local denominated funding to microfinance institution that in turn reach out to the productive microenterprise sector of the economy.

Project Detail

Country

Regional

Project Number

RG-L1105

Approval Date

September 20, 2006

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00

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