Strenght. microfinance services in credit cooperatives in the Northeast

The goal of the project is to contribute to the expansion and deepening of micro finance services in Brazil. Its purpose is to strengthen the capacity of Ascoob Central and its network of member credit cooperatives in the State of Bahia to develop and manage efficently their micro credit programs, with rural orientation. Ascoob Central has recently been authorized by the Central Bank to operate as cooperative central and supervise its members.

Project Detail

Country

Brazil

Project Number

BR-M1069

Approval Date

December 12, 2008

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 600,000.00

Country Counterpart Financing

USD 180,000.00

Original Amount Approved

USD 420,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-11433-BR	Non-Sovereign Guaranteed	USD - United States Dollar	Jun. 30, 2024	Feb. 10, 2009	Multilateral Investment Fund II (MIF) -	Nonreimbursable

Operation Number

ATN/ME-11433-BR

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 30, 2024
Signed Date: Feb. 10, 2009
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1385062159-14521