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According to the Bank's document, this project finances onlending by the borrower to selected financial institutions to increase investment in mirco, small and medium-sized enterprises. This will entail: (1) strengthening the institutional capacity of the borrower; (2) development and improvement of financial products to promote access to finance; (3) credit line intermediated by the borrower to selected financial institutions for on-lending to micro, small and medium-sized enterprises; and (4) project management.
Borrower/Client/Recipient
Corporación Financiera Nacional: Pablo Patino, General Manager ppatino@cfn.fin.ec
Verónica Maldonado, Matute Gerente de Negocios Financieros y Captaciones vemaldonado@cfn.fin.ec
Implementing Agencies
Corporación Financiera Nacional: Verónica Maldonado, Gerente de Negocios Financieros y Captaciones vemaldonado@cfn.fin.ec
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.