Project Category
Project Category
BANKING AND FINANCIAL SERVICES
Project Description
Project Description
The project is to extend a Mexican Peso (MXN) line of credit to continue supporting the loan portfolio growth in Financiamiento Progresemos, S.A. de C.V., SOFOM, E.N.R. ("Progresemos" or the "Company"). The proposed project will reach women micro-entrepreneurs in frontier regions and will (i) enhance micro lending competitiveness of the private sector; (ii) help deepening the financial sector since a high portion of the sub-borrowers served are outside the formal financial sector; and (iii) encourage a sustainable social and environmental development.
Country
Country
Mexico
Our Reference Number
Our Reference Number
2000618150411
 
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