Equity Investment in Resonance Uruguay
Equity Investment and loan to Resonance Uruguay. Resonance is a company legally incorporated in 2007, dedicated to providing solutions for financial inclusion, through the installation and operation of massive networks of POS terminals multipurpose that provides financial transactions in small shops. Resonance, owns a network of 906 POS terminals (POS), 60% of their terminals are located on the inside of the country. These terminals have functionality to perform financial transactions, such as payments, transfers, cash withdrawals and financial correspondents. We also have business services offered through POS terminals to small, such as sale of prepaid products and loyalty programs.

Project Detail

Country

Uruguay

Project Number

UR-M1052

Approval Date

December 16, 2015

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 110,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 110,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15458-UR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15458-UR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-32142
Technical Cooperation Agreement
Uruguay_ Investment EQU_MS-15457-UR and Nonreimbursable Technical Cooperation ATN_ME-15458-UR Equity investment [39985571].PDF
Jan. 05, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-32143
Technical Cooperation Agreement
Uruguay_ Inversión EQU_MS-15457-UR y Cooperación Técnica No Reembolsable ATN_ME-15458-UR – Inversión de Capital [39985577].PDF
Jan. 05, 2016
Spanish

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