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Solidus: Mezzanine Financing for Microfinance Institutions

The project is part of the MIF strategy of promoting the sustainable development of microfinance institutions in LAC through a specialized investment fund that will provide financial services to micro and small business entrepreneurs efficiently based on commercial principles.

Project Detail

Country

Regional

Project Number

TC0306012

Approval Date

December 3, 2003

Project Status

Closed

Project Type

Equity

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 21,300,000.00

Country Counterpart Financing

USD 17,300,000.00

Original Amount Approved

USD 4,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-8531-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-8531-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-553426132-1
Project Abstract
Project Abstract for MIF project TC0306012 - EQU_MS-8531-RG [1795295].PDF
Dec. 31, 1999
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-553426132-2
Eligibility Memorandum
Elegibility memorandum for MIF project TC0306012 - EQU_MS-8531-RG [1813863].PDF
Dec. 31, 1999
English

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