CREATION OF CENTRO FINANCIERO EMPRESARIAL IN PANAMA
This project seeks to strengthen the financial infrastructure for small enterprises in Panama, by supporting a newly created Centro Financiero Empresarial (CFE).
MIF will provide an unsecured long term convertible loan for small business portfolio expansion, and a technical cooperation for institutional strengthening.

Project Detail

Country

Panama

Project Number

PN-L1126

Approval Date

December 1, 2010

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 8,750,000.00

Country Counterpart Financing

USD 7,250,000.00

Original Amount Approved

USD 1,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2474/MS-PN Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 2474/MS-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing