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Grassroots Impact First Investments Latin America
The project will support the creation of the Grassroots Impact First Investment Fund, which have the purpose of making equity, equity-like and debt investments in microfinance institutions (MFIs) with a clear social priority. The Fund will support financially sustainable MFIs that prioritize improvement in client welfare over maximizing financial returns. It will provide support through investments and technical assistance to enable MFIs to scale and expand their positive impact on clients.

Project Detail

Country

Regional

Project Number

RG-M1258

Approval Date

December 17, 2014

Project Status

Cancelled

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

Uncategorized Directive B.13

Total Cost

USD 100,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-14840-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-14840-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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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31994
Grassroots Impact First Investments Latin America [39213284].PDF
Published Feb. 24, 2015
Download
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31995
Fondo Grassroots Impact First Investments Latin America [39213306].PDF
Published Feb. 24, 2015
Download

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