ICT4MFI - ICT4MFI Technology for Increased Access to Finance
The general objective of the program is to contribute to increase and improve the access that micro-entrepreneurs and low income population have to financial services in LAC. The specific objective is to help LAC financial service providers improve their efficiency, reduce operational costs and expand the reach of their financial products by testing and implementing innovative technology solutions and services.

Project Detail

Country

Regional

Project Number

RG-O1635

Approval Date

September 22, 2009

Project Status

Implementation

Project Type

Container

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

Facility

Facility Type

FFG (Facility Financing for Grants)

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 10,950,000.00

Country Counterpart Financing

USD 7,000,000.00

Original Amount Approved

USD 3,950,000.00