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RG-M1215 : Catastrophic Microinsurance Regional Project

Project Status: Closed

The macro objective of the project is to develop microinsurance products that will protect low income people in the Caribbean and Central American region against catastrophes (hurricanes, earthquakes, floods, etc) and epidemics to which they are vulnerable (e.g., cholera and other severe illness). Although MiCRO has already established many of the key technical resources needed to achieve these goals, additional support is needed in three main areas: business development, product development and implementation, and development of an Operations Manual and Best Practices (including financial education for clients and training for trainers, program education for new partners, a best practices manual based on client MFI¿s implementation experience, etc).

Project Detail

Project Number
RG-M1215
Project Country
Regional
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/ME-14618-RG

Financial Information

Project Number
RG-M1215
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Dec/09/2014

Project Information

Total Cost
USD 4,990,059
Country counterpart financing
USD 4,190,059
Amount
USD 800,000

Preparation

Title
Type
Project Number
Date Published
Evaluation
RG-M1215;RG-T2501
March 03, 2015
Multilateral Investment Fund Abstract
RG-M1215
March 04, 2013

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
RG-M1215
January 28, 2015
Donors Memorandum
RG-M1215
January 28, 2015
Technical Cooperation Agreement
ATN/AS-14641-RG;ATN/ME-14618-RG;RG-M1215;RG-T2501
September 12, 2014
Technical Cooperation Agreement
ATN/AS-14641-RG;ATN/ME-14618-RG;RG-M1215;RG-T2501
September 12, 2014

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
RG-M1215
September 13, 2017
Project Performance Monitoring Reports
RG-M1215
June 12, 2017
Project Performance Monitoring Reports
ATN/ME-14618-RG;RG-M1215
September 30, 2016
Project Performance Monitoring Reports
ATN/ME-14618-RG;RG-M1215
July 01, 2016
Project Performance Monitoring Reports
ATN/ME-14618-RG;RG-M1215
September 23, 2015
Procurement Plan
RG-M1215;RG-T2501
October 07, 2014

Completed

Title
Type
Project Number
Date Published
MIF Project Product
ATN/ME-14618-RG;RG-M1215
February 26, 2015