In previous technical cooperations, the IDB revealed a high level of demand for trainings in trade finance for banks in LAC, internal FI staff and MSME clients. This KCP seeks to respond to those lessons learned and bridge the gap of knowledge and capacity for MSMEs, Issuing Banks and their staff. This KCP offers a holistic approach to strengthen trade finance awareness, skills and opportunities and to complement such coursework with a module explaining the added value of sustainable trade. This KCP will offer classroom and online training that focuses on the following technical aspects of trade finance in order to complement its existing TFFP support (i) raise awareness about trade finance instruments and services; (ii) disseminate information about IDB¿s TFFP, including the guarantees for Issuing Banks, Confirming Banks, importing clients and exporting clients; (iii) raise awareness about best practices and business relationship building; and (iv) promote the production of high-quality sustainable products and concrete solution for market entry.The objective is to target FIs, their employees and MSMEs, specifically small producers of sustainable products, seeking access to international trade markets and the opportunity to expand into the sustainable trade market.
Project Detail
Country
Regional
Project Number
RG-T1939
Approval Date
December 6, 2010
Project Status
Closed
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
FINANCIAL MARKETS
Lending Instrument
BID Invest
Lending Instrument Code
IIC
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
Category C: Likely to cause minimal or no negative environmental and associated social impacts
Total Cost
USD 285,000.00
Country Counterpart Financing
USD 25,000.00
Original Amount Approved
USD 260,000.00