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Institutional Strengthening of the AMC Savings and Loan Cooperative
Funding from MIF for the proposed project will enable AMC to expand its financial services in an orderly fashion while limiting the risks inherent in growing rapidly and launching new products. The transformation of AMC into a regulated financial institution, which will take place with support from this project, might also enable it to bring in new shareholders, expand its coverage nationwide, and attain levels of efficiency and profitability consistent with best practices in Latin America.

Project Detail

Country

El Salvador

Project Number

TC0303011

Approval Date

August 8, 2003

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 486,000.00

Country Counterpart Financing

USD 186,000.00

Original Amount Approved

USD 300,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8396-ES Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8396-ES
  • 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-1237746505-18
Donors Memorandum
Donors memorandum - Line of Activity for MIF project TC0303011 - ATN_ME-8396-ES [1804722].PDF
Dec. 31, 1999
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1237746505-805
Line of Activity
EL SALVADOR_ Fortalecimiento Institucional de la Sociedad Cooperativa de Ahorro y Crédito AMC [720905].PDF
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1237746505-806
Line of Activity
EL SALVADOR_ Institutional Strengthening of the AMC Savings and Loan Cooperative [720906].PDF
Dec. 31, 1999
English

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