Microfinance Support to Productive Development

The Microfinance Support to Productive Development Program seeks to improve the opportunities and living conditions of the objective population. Specifically, it seeks to develop microfinance activities and services, and attain a greater and more efficient access to financial services that allows the exploration of sustainable means for the insertion in the economic circuit of a population group in poverty conditions. The Program also seeks the consolidation of the micro and small enterprises in their economy-activating role.

Project Detail

Country

Uruguay

Project Number

UR-L1010

Approval Date

June 27, 2007

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 8,800,000.00

Country Counterpart Financing

USD 40,000.00

Original Amount Approved

USD 8,760,000.00