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Institutional Streng.banco Solidario S.a
The main objective is to build up the institutional capacity of Banco Solidario to enable it to focus and mass market its supply of credit for microenterprises through the Cuenta Solidaria - La Chauchera account, serving an ever-growing number of microentrepreneurs and improving its operating efficiency. The specific objectives are to: (i) reengineer processes and technology systems to make it viable for Banco Solidario to concentrate more on the microentrepreneurial sector, mainly through the electronic purse account; (ii) educate staff and suppliers with a view to improving the quality of service and client retention for the electronic purse and other products; and (iii) support the investments needed to launch the electronic purse on a mass, efficient, and profitable scale.

Project Detail

Country

Ecuador

Project Number

TC0007013

Approval Date

March 6, 2001

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 508,000.00

Country Counterpart Financing

USD 208,000.00

Original Amount Approved

USD 300,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-7352-EC Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-7352-EC
  • 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=EZSHARE-1943752658-4094
Donors Memorandum
Donors memorandum for MIF project TC0007013 - ATN_ME-7352-EC [1802838].PDF
Dec. 31, 1999
English

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