Support Federación Cooperativa Ahorro y Crédito
The project includes an institutional strengthening program which will be conducted through a series of technical assistance activities, and a financial component, consisting of a MIF loan to stregthen FUCAC's capital position, enabling it to double its loans to small and micro-borrowers in four years.The technical assistance program includes the following activities: 1. Improvement of various internal systems commong to financial institutions, including strategic planning, operations, reisk management and MIS.2. Improvement of current procedures for the evaluation and supervision of micro-enterprise and small business loans. These consultancies would include a marketing plan, a training program for bank personnel and MIS support..

Project Detail

Country

Uruguay

Project Number

TC9804362

Approval Date

November 11, 1998

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 250,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-6243-UR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-6243-UR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable