Operational support to CFN for the execution of the CRECER Program
The general development objective of the program is to support the economic recovery of Ecuador's Micro, Small, and Medium Enterprises (MSMEs). The specific development objective is to expand access to credit for Ecuadorian MSMEs through CFN's second-tier financial instruments: the National Guarantee Fund (FNG) and Second-Tier Banking.

Project Detail

Country

Ecuador

Project Number

EC-T1517

Approval Date

November 3, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 150,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-20423-EC Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-20423-EC
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000237-1214058939-1
TC Document
Approval Document-EC-T1517 .pdf
Nov. 06, 2023
Spanish

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