Mundo Vox Tenda
The objective of this TC is to promote the growth and economic sustainability of low income microentrepreneurs in the food services sector (the ¿Beneficiaries¿) in the state of Sao Paulo, Brazil, through the setting up and implementation of a basic business training program especially tailored to the needs, skills, limitations, and expectations of the beneficiaries. The proposed TC will support the execution of a loan that Opportunities for the Majority is considering to provide to Grupo Tenda, one of Brazil¿s top five food wholesalers. The loan seeks to make available working capital financing, investment loans, and training courses to the Beneficiaries.

Project Detail

Country

Brazil

Project Number

BR-T1188

Approval Date

July 12, 2010

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 800,000.00

Country Counterpart Financing

USD 530,000.00

Original Amount Approved

USD 270,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/KP-12252-BR Non-Sovereign Guaranteed USD - United States Dollar Korea Poverty Reduction Fund Nonreimbursable
Operation Number ATN/KP-12252-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Korea Poverty Reduction Fund
  • Financial Instrument: Nonreimbursable