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Bankingly: Bringing Digital Banking To Low Income Populations

The objective of this operation is to support the digitization and open banking adoption by the financial institutions that are closest to the unbanked/underbanked population in Latin America and the Caribbean.

Project Detail

Country

Regional

Project Number

RG-Q0089

Approval Date

December 16, 2021

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 7,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-19122-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-19122-RG
  • 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

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1794457462-3
Donors Memorandum
RG-Q0089 Resumen del proyecto.pdf
Jan. 11, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1794457462-4
Donors Memorandum
RG-Q0089 Project Summary.pdf
Jan. 11, 2022
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1794457462-2
Profile
IDEATE 2021-11-04 Public Summary 1082 RG-Q0089.pdf
Nov. 15, 2021
English

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