Consolidating Microfinance System with Support of Fondo de Capital Social

closed

The general objective or aim of the project is to strengthen and consolidate a network of solid microfinance institutions with the capacity to respond sustainably to the growing demand for microfinance services. The specific objective or purpose is to consolidate FONCAP technically at an institutional level as a leading second-tier entity, and the platform of technical services that FONCAP presently offers Microfinance Institutions, through a program involving the Agencia Española de Cooperación Internacional [Spanish International Cooperation Agency] (AECI) and the MIF with FONCAP. To attain the specific objectives proposed, the project would have three components, namely: (i) technical assistance and training for the MFIs; (ii) strengthening FONCAP as a second-tier institution; and (iii) dissemination and sensitization to the microfinance industry.