Blog IICA

Promoting Access to Finance for Productive Purposes for MSMEs

Start Date: 31/07/2020
End Date: 31/12/2027

Description

National project in Ecuador that expands access to productive finance for micro, small and medium enterprises through second-tier credit lines intermediated by CFN and participating financial institutions, partial credit guarantees, institutional strengthening and financial product development, with attention to women-led firms, climate resilience and private capital mobilization.

Action scope

National

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Long-term

Number of Years

7 - Year -s

Related elements

Budget in USD

Budget in USD
$560,000,000.00
Counterpart Budget
$270,000,000.00
Total Budget
$830,000,000.00
Annual Average Budget
$103,750,000.00
Financing Sources Financing Types
WB: World Bank Global or multilateral funds

Institutions

Institutions Institutions rols
CFN: National Finance Corporation (Ecuador) Execution and operation

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