Linking Social Protection Payments to Savings

The goal of this Program is to increase the availability of financial products and services targeted to low income populations. The purpose is to establish the business case for the development and implementation of liquid and contractual savings products targeted to recipients of conditional cash transfers or other social protection payments in the LAC region.

Project Detail

Country

Regional

Project Number

RG-T2492

Approval Date

June 3, 2014

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

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 100,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000.00