Microcredit Expansion for Low Income Women in Mexico's Central Region
The project's general objective is to improve the socioeconomic conditions of low-income women and their families living in rural and urban fringe communities of the states of Mexico's central region, by making it easier for them to obtain microfinance services. The speicific objectives are: (i) to expand the financial services provided to women microentrepreneurs in the communities where PMM operates and to extend these services to new, currently unserved rural and urban fringe communities in the central region; to (ii) strenghten PMM's institutional capacity and financial position, so that it can provide sustainable financial services to its clients, low-income women microentrepreneurs.

Project Detail

Country

Mexico

Project Number

ME-L1196

Approval Date

December 12, 2005

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 680,000.00

Country Counterpart Financing

USD 180,000.00

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/ID-05-15-ME Non-Sovereign Guaranteed USD - United States Dollar Italian Trust Fund for Micro-enterprise Small Project Financing
Operation Number SP/ID-05-15-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Italian Trust Fund for Micro-enterprise
  • Financial Instrument: Small Project Financing