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RG-L1146 : From Bolivia to the Region: Digitalization of Financial Institutions for Inclusion

Project Status: Closed

Consolidate in Bolivia and internationalize the services provided by "Ultracreditos" which offers banks and microfinance institutions an integral solution of Fintech as a Service ("FaaS") that allows them to offer and convert multiple types of loans (mortgages, car loans, personal loans, credit cards) and open bank accounts 100% online.

Project Detail

Project Number
RG-L1146
Project Country
Regional
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Loan Operation
Environmental and social impact category
C
Project Status
Closed
Operation Number
5140/MS-RG

Financial Information

Project Number
RG-L1146
Project Status
Closed

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Contract signature date
Jan/22/2021

Project Information

Total Cost
USD 3,150,000
Country counterpart financing
USD 0
Amount
USD 1,000,000

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