| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
| International Bank for Reconstruction and Development | 300.00 |
Ecuador - Promoting Access to Finance for Productive Purposes for MSMEs - AF
Abstract*
The proposed Additional Financing (AF) would scale up the original IBRD Financial Intermediary Financing to US$ 540 million that will be executed in seven years with the objective of promoting access to finance for productive purposes for micro, small, and medium enterprises (MSMEs). The additional US$280 million of IBRD financing will be allocated to Component 3. Retroactive financing will be allowed under the AF up to a maximum of US$112 million... Show More
Development Objective
The project development objective is to promote access to finance for productive purposes for micro, small and medium enterprises in the context of the COVID-19 crisis.
Key Details
Project Details
P180477
Active
Raquel Letelier , Federico Diaz Kalan
Corporación Financiera Nacional B.P.,Corporación Financiera Nacional B.P.
March 22, 2023
(as of board presentation)
May 31, 2023
N/A
US$ 550.00 million
Corporación Financiera Nacional B.P.,Corporación Financiera Nacional B.P.
2023
US$ 300.00 million
N/A
N/A
December 31, 2027
No
BANK APPROVED
August 6, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 550.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.