Profund International s.a.
PROFUND WAS CREATED BY ACCION INTERNATIONAL AND THREE NGOS TO HELP CREATE OR STRENGTHEN INSTITUTIONS THAT PROVIDE FINANCIAL SERVICES TO MICROENTERPRISES IN LATIN AMERICA. IT WAS ESTABLISHED IN PANAMA IN 1993 TO OPERATE ON A FOR-PROFIT BASIS TO PROVIDE EQUITY AND LONG-TERM DEBT FINANCING TO ELIGIBLE FINANCIAL INSTITUTIONS IN ORDER THEY MAY EXPAND THEIR OPERATIONS ON A SUSTAINABLE BASIS. PROFUND WILL PROVIDE TECHNICAL ASSISTANCE AS EQUITY.

Project Detail

Country

Regional

Project Number

TC9404170

Approval Date

December 14, 1994

Project Status

Closed

Project Type

Equity

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 3,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-0004-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund
Operation Number EQU/MS-0004-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: