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Improving Access to Productive Financing for Small-Scale Farmers at the BOP

The project is consistent with the Opportunities for the Majority (OMJ) objectives, inasmuch as it: (i) facilitates access to finance among small-scale farmers at the base of the pyramid that would otherwise be infeasible given their lack of credit history and/or sufficient collateral; (ii) promotes a business model that makes use of a supply platform as an alternative channel to reach low-income markets; (iii) promotes a sustainable, win-win business strategy, under which additional benefits accrue to the company from the economic development and socioeconomic inclusion of small-scale farmers at the base of the pyramid with limited opportunities to access finance, effective technologies, and buyers for their produce; and (iv) has a high potential to be replicated and scaled up in other countries of the region.

Project Detail

Country

Ecuador

Project Number

EC-L1127

Approval Date

December 12, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 5,000,000.00

Original Amount Approved

USD 5,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3128/OC-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 3128/OC-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-565938767-19564
Project Abstract
Abstracto del Proyecto [38240157].PDF
Nov. 18, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-565938767-19570
Environmental and Social Strategies
Estrategia Ambiental y Social control de cambios PV [38241966].PDF
Nov. 18, 2013
Spanish

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