The Project will leverage migrants' remittances for productive investments, integrating them into the economic development of their hometowns, creating jobs so as to stabilize the community in the long term. This will be achieved by organizing the remittances of migrants into an effective and accessible source of seed capital for agricultural producers.
The Project will enhance the business skills required for producing and marketing agricultural products from rural areas especially to the US market, leveraging the readily accessible market information and marketing know-how of migrants in the US. The resources raised and invested by those migrants will stimulate business and employment growth in the difficult regions.
Project Detail
Country
Mexico
Project Number
TC0108017
Approval Date
April 4, 2002
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 and Social Impact Category (ESIC)
-
Total Cost
USD 920,000.00
Country Counterpart Financing
USD 460,000.00
Original Amount Approved
USD 460,000.00
Operation Number | Lending Type | Reporting Currency | Reporting Date | Signed Date | Fund | Financial Instrument |
---|---|---|---|---|---|---|
ATN/ME-7834-ME | Non-Sovereign Guaranteed | USD - United States Dollar | Multilateral Investment Fund II (MIF) - | Nonreimbursable |
- Lending Type: Non-Sovereign Guaranteed
- Reporting Currency: USD - United States Dollar
- Reporting Date:
- Signed Date:
- Fund: Multilateral Investment Fund II (MIF) -
- Financial Instrument: Nonreimbursable
Can’t find a document? Request information
https://www.iadb.org/document.cfm?id=EZSHARE-540277436-4107
Donors Memorandum
Donors memorandum for MIF project TC0108017 - ATN_ME-7834-ME [1803220].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-2068403537-6402
Procurement Plan
Plan de Adquisiciones 2004 [289117].DOC
Dec. 31, 1999
Other
https://www.iadb.org/document.cfm?id=EZSHARE-540277436-683
Intermediate Evaluation Report
Capital Migrante y Desarrollo Rural - MIF_AT-465 Evaluacion Intermedia - Power Point [731033].PPT
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-540277436-682
Intermediate Evaluation Report
Capitalizacion de Remesas - MIF_AT-465 Eval Intermedia [731002].DOC
Dec. 31, 1999
Spanish
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