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Multilateral Investment Fund (MIF)

1,859 bytes added, 12:02, 8 July 2010
New page: {{Financebox | name =Multilateral Investment Fund (MIF)- Inter-American Development Bank | logo = | headquarters =IDB Headquarters 1300 New York Avenue, N.W. Washington, D.C. 20577, USA ...
{{Financebox |
name =Multilateral Investment Fund (MIF)-
Inter-American Development Bank |
logo = |
headquarters =IDB Headquarters
1300 New York Avenue, N.W.
Washington, D.C. 20577, USA |
contact =Telephone: (202) 942-8211
Fax: (202) 942-8100
e-mail: [email protected] |
website = [http://www.iadb.org/mif link]|
financedby =Inter-American Development Bank |

aim =to promote broad-based economic growth through private sector development, particularly microenterprises and small businesses |
moreinfo = |

target_org=Micro and small businesses |
target_projects=MIF resources go towards projects falling under three main categories:
Business Framework
Enterprise Development
Financial Democracy |
target_stadia= |
target_countries=Latin America and the Caribbean\ |
target_criteria=projects characteristics:
Innovation: Projects should be fresh, introducing new approaches to promote private sector development and poverty reduction.
Demonstration Effect: Projects should have the potential of being taken to scale, or replicated in other sectors and/or countries.
Sustainability: Projects should have a feasible plan and strong potential for financial sustainability once MIF financing comes to an end.
Partnership: Projects are carried out with local partners, which are responsible for contributing between 30 to 50% of project costs.
Additionality: Projects must show that MIF financing is essential to their execution and is the most appropriate funding source.
|

finance_mech =Grants and investments |
finance_budget=US$2.2 billion |
finance_minimum= |
finance_maximum= |
finance_period=On-going |

proc_application=After making sure that the idea fits with MIF priorities, visit the Financing Opportunities section for more details. Soon, an online application form will be available to submit project ideas. |
proc_selection = |
}}
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