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Mobilization of Remittances through Microfinance Institutions
The overall objective of the proposed program is to improve the socioeconomic status of clients of five MFIs in Bolivia, Colombia, Peru, Haiti, and Nicaragua through the productive use of remittances they receive from abroad. The purpose of the project is to efficiently and sustainably expand the participation of senders and recipients of remittances in the formal banking system.

Project Detail

Country

Regional

Project Number

RG-M1003

Approval Date

April 28, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,620,000.00

Country Counterpart Financing

USD 795,230.00

Original Amount Approved

USD 824,770.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8695-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8695-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-769830804-15
Project Abstract for MIF project RG-M1003 - ATN_ME-8695-RG [1795814].PDF
Published Dec. 31, 1999
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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-917344851-113
Movilización de remesas a través de entidades microfinancieras [423678].PDF
Published Dec. 31, 1999
Download
https://www.iadb.org/document.cfm?id=EZSHARE-917344851-96
Mobilization of Remittances through Microfinance Institutions [421177].PDF
Published Dec. 31, 1999
Download

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