Support for Inversiones Para Desarrollo
This technical cooperation supports development of a model for microleasing (leasing for microentrepreneurs) that is technically, financially, and methodologically sustainable, in order to guarantee timely access for micro and small enterprises in Chile to medium-term resources, enabling them to purchase new or used capital goods for increased productivity. The three components are: (a) administrative, technical, financial, and market restructuring of Inversiones para el Desarrollo S.A. (INDES); (b) upgrade of management information systems; and (c) miscellaneous. The project includes activities for distribution of the microleasing mechanism in other countries.

Project Detail

Country

Chile

Project Number

TC9904019

Approval Date

May 31, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 970,000.00

Country Counterpart Financing

USD 400,000.00

Original Amount Approved

USD 570,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-6985-CH Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) -
Operation Number ATN/ME-6985-CH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: