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Facility to Co-finance in Small Businesses - COFIDES
The general objective is to promote productive investment in small businesses in Latin America, by facilitating the creation of joint ventures. Through these joint ventures, technology, management skills, and markets will need to be transferred to businesses in the region. The specific objectives of the project are to: cofinance joint ventures with small businesses in Latin America, with equity or quasi-equity, and nurture their development; and increase the flow of investment in countries that have less benefited from the influx of foreign investment as well as from COFIDES investment operations.

Project Detail

Country

Regional

Project Number

TC9904031

Approval Date

December 8, 1999

Project Status

Closed

Project Type

Equity

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 20,000,000.00

Country Counterpart Financing

USD 10,000,000.00

Original Amount Approved

USD 10,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-6807-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-6807-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1830131358-76
Elegibility memorandum for MIF project TC9904031 - EQU_MS-6807-RG [1813760].PDF
Published Dec. 31, 1999
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