The project includes an institutional strengthening program which will be conducted through a series of technical assistance activities, and a financial component, consisting of a MIF loan to stregthen FUCAC's capital position, enabling it to double its loans to small and micro-borrowers in four years.The technical assistance program includes the following activities: 1. Improvement of various internal systems commong to financial institutions, including strategic planning, operations, reisk management and MIS.2. Improvement of current procedures for the evaluation and supervision of micro-enterprise and small business loans. These consultancies would include a marketing plan, a training program for bank personnel and MIS support..
Project Detail
Country
Uruguay
Project Number
TC9804362
Approval Date
November 11, 1998
Project Status
Closed
Project Type
Technical Cooperation
Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Subsector
PRIVATE FIRMS AND SME DEVELOPMENT
Lending Instrument
Multilateral Investment Fund Instrument
Lending Instrument Code
MIF
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 250,000.00
Country Counterpart Financing
USD 0.00
Original Amount Approved
USD 250,000.00