Fintech Industry: Vehicle for Financial Inclusion
The project objective is to support the development, consolidation, and integration of a fintech ecosystem in the three countries of northern Central America (El Salvador, Honduras, and Guatemala) by increasing the number of people accessing financial products and services through fintechs. Regulatory innovations, institution-strengthening, and financing for enterprises and entities operating in the fintech ecosystem will be promoted to this end.

Project Detail

Country

Regional

Project Number

RG-T4354

Approval Date

February 16, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,543,800.00

Country Counterpart Financing

USD 794,800.00

Original Amount Approved

USD 749,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-20686-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-20686-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001102-210355703-6
Donors Memorandum
RG-T4354 Memorando a los donantes vp.pdf
Jul. 29, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0001102-210355703-7
Donors Memorandum
RG-T4354 Donors memorandum.pdf
Jul. 29, 2024
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001102-210355703-4
Profile
IDEATE 2023-08-23 Public Summary 1320 RG-T4354.pdf
Jul. 29, 2024
Spanish

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