Financial Services through mobile phones for unbanked population
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

Country

Venezuela

Project Number

VE-M1017

Approval Date

March 7, 2011

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

SCIENCE AND TECHNOLOGY

Subsector

ICT (INFORMATION AND COMMUNICATIONS TECHNOLOGY)

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,359,323.00

Country Counterpart Financing

USD 1,046,323.00

Original Amount Approved

USD 313,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-12677-VE Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-12677-VE
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable