Paigo: Financial Technology to Expand Access to Productive Credit

Expand access to finance for micro, small, and medium-sized enterprises (MSMEs) in Uruguay, particularly women-led businesses and entrepreneurs without prior credit history or excluded from the traditional financial system by strengthening and scaling Paigo's credit portfolio.

Project Detail

Country

Uruguay

Project Number

UR-L1224

Approval Date

June 22, 2026

Project Status

Implementation

Project Type

Loan Operation

Sector

OTHER

Subsector

OTHER

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 7,000,000.00

Country Counterpart Financing

USD 2,000,000.00

Original Amount Approved

USD 5,000,000.00