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Inst. Strengthening Edpyme Edyficar

The main objective of this project is to strengthen the financial management and operating capacity of EDYFICAR, and then to expand and diversify its financial services according to criteria of profitability, operating efficiency, and competitiveness. The three main activities that EDYFICAR will carry out under the project are: a. Hire specialized technical assistance to support the institution in different areas such as (i) improving management capacity and financial management; (ii) study of market niches; (iii) design of new products, including savings; (iv) environmental issues; (v) adoption and implementation of new information system modules; and (vi) upgrading credit technology. b. Offer the management and operating staff training in order to boost the institution's technical and management capacity. c. Acquire new equipment and investments in order to improve operating efficiency and management information systems. The communications systems between headquarters and the branch offices will be upgraded and the internal credit window will become operational.

Project Detail

Country

Peru

Project Number

TC9902022

Approval Date

May 25, 1999

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 405,000.00

Country Counterpart Financing

USD 150,000.00

Original Amount Approved

USD 255,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-6521-PE Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-6521-PE
  • 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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