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UR-L1171 : Global Credit Program for Safeguarding the Productive Fabric and Employment

Project Status: Closed

The objective of this operation is to support the sustainability of the Micro, Small and Medium Enterprises (MSME) faced by the crisis of COVID-19 to maintain employment in Uruguay. The specific objectives are: (i) to support the short-term financial sustainability of MSME; and (ii) promote the economic recovery of MSME through access to productive financing.

Project Detail

Project Number
UR-L1171
Project Country
Uruguay
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
GCR (Global Credit Operation)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
5058/OC-UR

Financial Information

Project Number
UR-L1171
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Sep/15/2020

Project Information

Total Cost
USD 80,000,000
Country counterpart financing
USD 0
Amount
USD 80,000,000