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Cubo: Driving Financial Inclusion of MSMEs in Central America through digital payments
The objective of the project is to promote further digital inclusion of MSMEs in Central America by supporting the expansion of Cubo's payment services for MSMEs in 4 countries (El Salvador, Costa Rica, Guatemala, and Panama), via quasi-equity investment.

Project Detail

Country

Regional

Project Number

RG-Q0108

Approval Date

February 17, 2023

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/WE-19895-RG Non-Sovereign Guaranteed USD - United States Dollar Women Entrepreneurs Finance Initiative Equity Financing
Operation Number EQU/WE-19895-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Women Entrepreneurs Finance Initiative
  • Financial Instrument: Equity Financing

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000462-42978524-4
Donors Memorandum
RG-Q0106 RG-Q0108 Resumen del proyecto.pdf
Jun. 01, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000462-42978524-3
Donors Memorandum
RG-Q0106 RG-Q0108 Executive Summary.pdf
Jun. 01, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-42978524-2
Profile
IDEATE 2022-11-16 Public Summary 1194 RG-Q0106.pdf
Nov. 16, 2022
English

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