Rural Productive Credit and Microsavings in Bolivia
The objective of this project is to expand access to credit and other financial services for small producers, micro and small enterprises and rural communities in Bolivia. The purpose is to provide CIDRE with additional funding to expand and strengthen its loan portfolio in its regions of activity (Cochabamba, North Potosi, Oruro, Santa Cruz, Valles Alto, Bajo and Tarija) and in the sectors where it operates. Project funding will also support CIDRE's transition to become a regulated microfinance institution under the supervision of the Bolivian Financial Superintendency (Superintendencia de Bancos y Entidades Financieras, or SBEF).

Project Detail

Country

Bolivia

Project Number

BO-L1125

Approval Date

June 24, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2156/MS-BO Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 2156/MS-BO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing