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Mexico: Second Phase Savings & Rural Finance (BANSEFI) Project

March 21, 2007

IBRD LOAN: US$29 million
TERMS: Maturity = 15 years; Grace Period = 5 years.
PROJECT DESCRIPTION: The project will continue to assist the Government of Mexico in strengthening the savings and credit institutions sector to be certified under, and be compliant with, the Popular Savings and Credit Law (effective June 4, 2001). These certified entities will be financially viable, operationally effective, and technologically upgraded to better reach the underserved Mexican population.

Media Contacts
Patricia da Camara
Tel : (202) 473-4019