Rural Financial Inclusion in the State of Puebla and Surrounding Areas through B
The proposed project contributes to the economic and social growth of local businesses and low-income families in rural areas of the states of Puebla and Oaxaca. The purpose of the project is to expand access to quality financial services and products for low-income population in rural areas by strengthening and expanding the network of branchless banking of SOFIPO La Perseverancia, by implementing terminals in local businesses.

Project Detail

Country

Mexico

Project Number

ME-L1198

Approval Date

December 18, 2014

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 950,000.00

Country Counterpart Financing

USD 250,000.00

Original Amount Approved

USD 700,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-14-07-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Social Entrepreneurship Program Financing
Operation Number SP/OC-14-07-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Social Entrepreneurship Program Financing