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Expansion Financial Services Coverage to SMEs through Microfinance Ins. WWB

Sector: Government • Location: Colombia

Source: Inter-American Development Bank (IADB)

Project
Closed

The general objective of the project is to improve the quality and efficiency of financial services provided to microenterprises and small enterprises by introducing advanced technologies to the microfinance operations of WWB network affiliates in Colombia and the Dominican Republic. This will allow for increased efficiency in the loan process and will improve channels for distributing these servi

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Project Information

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The project “Expansion Financial Services Coverage to SMEs through Microfinance Ins. WWB” is an infrastructure initiative in the Government sector, located in Colombia. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

Sponsoring Agency

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The general objective of the project is to improve the quality and efficiency of financial services provided to microenterprises and small enterprises by introducing advanced technologies to the microfinance operations of WWB network affiliates in Colombia and the Dominican Republic. This will allow for increased efficiency in the loan process and will improve channels for distributing these services. Improvements in efficiency and productivity will translate to lower interest rates for low-income borrowers at participating institutions and more flexible products, designed to meet their needs.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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