Blog IICA

Special Microcredit Line LEM-EP in Colombia

Fecha de inicio: 14/03/2024
Fecha de fin: 14/03/2025

Description

This initiative seeks to promote access to financing for the popular economy through the LEM-EP Microcredit. This line, for which $19.5 billion was allocated, seeks to benefit 72,000 producers. These loans are aimed at microentrepreneurs who qualify as low-income producers or who belong to categories A, B, or C of Sisbén IV, and are going to request their first loan with the formal financial system.

Action scope

National

Evaluated

No

Stage

Completed

Temporalidad

Short-term

Number of Years

1 - Year -s

Budget in USD

Budget in USD
$4,881,960.00
Counterpart Budget
$0.00
Total Budget
$4,881,960.00
Annual Average Budget
$4,881,960.00

Institutions

Institutions Institutions rols

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