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VE-M1017 : Financial Services through mobile phones for unbanked population

Project Status: Cancelled

Provide financial services through cell phones to increase banking penetration by banking in low-income segments of the Venezuelan population, in order to improve their quality of life and promote mechanisms to assist in poverty reduction

Project Detail

Project Number
VE-M1017
Approval date
March 07, 2011
Project Country
Venezuela
Project Sector
SCIENCE AND TECHNOLOGY
Project Subsector
ICT (INFORMATION AND COMMUNICATIONS TECHNOLOGY)
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Cancelled
Operation Number
ATN/ME-12677-VE

Financial Information

Project Number
VE-M1017
Project Status
Cancelled

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Project Information

Total Cost
USD 1,359,323
Country counterpart financing
USD 1,046,323
Amount
USD 313,000

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