Developmental Impact: The project is expected to further three key MIF objectives:
- To fund a vehicle which will provide equity and quasiequity financing, financial and technical advisory, and
value-added governance to approximately 15 SMEs;
- To increase competitiveness, innovation, and corporate
governance among these SMEs and generate employment;
and
- To further the development of the venture capital industry
mainly in the target countries, providing examples of how
the financing of the small companies through Venture Capital produces an impact on the growth and organization of these companies.
Project Detail
Country
Regional
Project Number
RG-Q0003
Approval Date
September 21, 2005
Project Status
Closed
Project Type
Equity
Sector
FINANCIAL MARKETS
Subsector
CAPITAL 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 25,000,000.00
Country Counterpart Financing
USD 15,000,000.00
Original Amount Approved
USD 10,000,000.00
Operation Number | Lending Type | Reporting Currency | Reporting Date | Signed Date | Fund | Financial Instrument |
---|---|---|---|---|---|---|
EQU/MS-9412-RG | Non-Sovereign Guaranteed | USD - United States Dollar | MIF-Small Enterprise Investment Fund | Equity Financing |
- Lending Type: Non-Sovereign Guaranteed
- Reporting Currency: USD - United States Dollar
- Reporting Date:
- Signed Date:
- Fund: MIF-Small Enterprise Investment Fund
- Financial Instrument: Equity Financing