Savings and Credit Sector Consolidation and Financial Inclusion Project

Abstract*

The objectives of the Savings and Credit Sector Consolidation and Financial Inclusion Project for Mexico are to support the: (a) consolidation of the savings and credit institutions (SCIs); and (b) deepening of financial inclusion in selected areas and selected locations. There are four components to the project, the first component being Consolidation and strengthening of savings and credit institutions. This component provides training and technical... Show More

Development Objective

The objective of the project is to support the: (a) consolidation of the savings and credit sector institutions (SCI); and (b) deepening of financial inclusion in selected areas and selected locations in Mexico.

Key Details

Project Details

Project ID
P123367
Status
Closed
Team Leader
Patricia Caraballo , Daniel Ortiz del Salto
Borrower 2
Government of Mexico, Secretaria de Hacienda y Credito Publico

Country
Mexico
Disclosure Date
January 24, 2011
Approval Date
(as of board presentation)
December 1, 2011
Effective Date
April 2, 2012

Total Project Cost 1
US$ 209.62 million
Implementing Agency
BANSEFI
Region
Latin America and Caribbean
Fiscal Year 3
2012

Commitment Amount
US$ 100.00 million
Environmental Category
C
Last Update Date
April 1, 2020
Closing Date
July 21, 2017

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access17%
- FY17 - MSME Finance17%

FY17 - Human Development and Gender

FY17 - Gender17%

FY17 - Private Sector Development

FY17 - Enterprise Development17%
- FY17 - MSME Development17%

FY17 - Social Development and Protection

FY17 - Social Inclusion17%
- FY17 - Indigenous People and Ethnic Minorities17%

FY17 - Urban and Rural Development

FY17 - Rural Development33%
- FY17 - Rural Markets16%
- FY17 - Rural Non-farm Income Generation17%

Project Map

Interactive Map