Enhancing Financing to Small and Micro Enterprises through Innovative Techniques

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MIF will assist Banco Uno, Nicaragua and Banco Uno, El Salvador to "downscale" to small and microenterprise financing. The Banco Uno group has a reputation for beingdynamic and innovative with respect to serving low-incomepopulations. As an example, it was one of the firstinstitutions to introduce credit cards to this segment inCentral America and is a recognized leader in this regard.MIF will provide TA to Banco Uno, Nicaragua and BancoUno, El Salvador, and a loan to Banco Uno Nicaragua inorder to promote a fuller range of activities with the smalland micro-enterprise sector.