Financing Microenterprises & Small Businesses through Financial Intermediaries

The objectives of the program are: a) to provide funds at commercial terms in order to support the growth objectives of these financial institutions so that they can increase their loan portfolio in the next two year and b) to support the introduction of measures to better serve senders and receivers of remittances with adequate financial products.

Project Detail

Country

Regional

Project Number

RG-M1032

Approval Date

October 13, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 418,000.00

Country Counterpart Financing

USD 216,000.00

Original Amount Approved

USD 202,000.00