ES-M1055 : Better Access to Credit for Rural Productive Initiatives in Eastern El Salvador

Project Status
Implementation

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.

PROJECT DETAIL

Project Number ES-M1055
Operation Number ATN/ME-15080-ES
Country El Salvador
Sector SOCIAL INVESTMENT
Subsector SOCIAL INVESTMENT-GENDER EQUALITY & WOMEN¿S EMPOWERMENT
Project Type Technical Cooperation
Environmental and Social Impact Category Uncategorized
Project Status Implementation
Approval Date JUL 29, 2015
Contract Signature Date OCT 26, 2015
IDB Financing * 0.35

PROJECT INFORMATION

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 NOV 30, 2017
Cancelled Amount H USD 28,000
Undisbursed Amount H USD 125,564
Disbursed to Date R USD 196,436
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Approved

Implementation

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