Caribbean Microfinance Bonds Purchase
This transaction proposes to provide improved access to credit and financial services to a minimum of 2,000 micro enterprises in Trinidad and Tobago, Barbados and Guyana. By acquiring these bonds, valued at market price, the MIF is assisting Caribbean Microfinance Limited to commence operations and become established as a institution over the next few years. The issuer of these bonds, DFL, is a regulated financial intermediary that has committed to lending financial services to the micro enterprise sector.

Project Detail

Country

Trinidad and Tobago

Project Number

TT0051

Approval Date

May 16, 2001

Project Status

Closed

Project Type

Loan Operation

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

-

Total Cost

USD 2,855,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,855,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
50/MS-TT Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 50/MS-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing