This project will help expand financial services and business development among young people, especially low-income women with entrepreneurial skills in rural eastern region of El Salvador . The project will be innovative in creating a guarantee fund whose purpose will mainly cover the risks of new ventures.
|Subsector||SOCIAL INVESTMENT-GENDER EQUALITY & WOMEN¿S EMPOWERMENT|
|Project Type||Technical Cooperation|
|Environmental and Social Impact Category||Uncategorized|
|Approval Date||JUL 29, 2015|
|Contract Signature Date||OCT 26, 2015|
|IDB Financing *||0.35|
|Total Cost H||USD 535,000|
|Country Counterpart Financing||USD 185,000|
|Financing Type||Non-Reimbursable Technical Cooperation|
|Fund||MIF-Small Enterprise Dev. Facility|
|Reporting currency||USD - United States Dollar|
|Reporting Date||SEP 30, 2017|
|Cancelled Amount H||USD 28,000|
|Undisbursed Amount H||USD 125,564|
|Disbursed to Date R||USD 196,436|
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