Institutional Strengthening of Compartamos

The purpose of the project is to develop a loan portfolio system that is acceptable to the National Banking and Securities Commission (CNBV) in order to fulfill the final condition for obtaining a license to operate as a SOFOL.The project is divided into four components: (i) hardware and software, (ii) consulting work on product development and regulated entity reporting; (iii) systems support; and (iv) other items.

Project Detail

Country

Mexico

Project Number

TC9909009

Approval Date

May 16, 2000

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 360,000.00

Country Counterpart Financing

USD 240,000.00

Original Amount Approved

USD 120,000.00