The project's general objective is to contribute to improve the quality of life of low and middle income families, through the improvement of their homes and businesses.
The project will have two components: (i) a senior loan of working capital for the generation of crowdfunding loans; and (ii) a non-reimbursable Technical Cooperation for strengthening P2P lending and the development of credit products for the improvement and expansion of housing.
Project Detail
Country
Mexico
Project Number
ME-M1110
Approval Date
November 30, 2016
Project Status
Closed
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
FINANCIAL INCLUSION
Lending Instrument
Instrumento del Fondo Multilateral de Inversiones
Lending Instrument Code
MIF
Modality
-
Facility Type
-
Environmental Classification
Likely to cause minimal or no negative environmental and associated social impacts
Total Cost
USD 602,000.00
Country Counterpart Financing
USD 299,000.00
Original Amount Approved
USD 303,000.00
| Operation Number | Lending Type | Reporting Currency | Reporting Date | Signed Date | Fund | Financial Instrument |
|---|---|---|---|---|---|---|
| ATN/ME-15909-ME | Non-Sovereign Guaranteed | USD - United States Dollar | Multilateral Investment Fund II (MIF) - | Nonreimbursable |
- Lending Type: Non-Sovereign Guaranteed
- Reporting Currency: USD - United States Dollar
- Reporting Date:
- Signed Date:
- Fund: Multilateral Investment Fund II (MIF) -
- Financial Instrument: Nonreimbursable
Can’t find a document? Request information
https://www.iadb.org/document.cfm?id=EZSHARE-1526917248-3
Approved TC document
ME-M1110 - ME-L1251 - Project Summary.pdf
Jul. 12, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1526917248-4
Approved TC document
ME-M1110 - ME-L1251 - Resumen del proyecto.pdf
Jul. 12, 2018
Spanish
Have an Environmental or Social issue related to IDB projects? File a Complaint