WASHINGTON – The Inter-American Development Bank (IDB) has approved a $55 million loan to support Honduras in improving access to and the quality of education in rural areas and among vulnerable populations.
The project, to be implemented by the Honduran Ministry of Education (SEDUC), aims to strengthen both the demand for and supply of education, and to enhance the institutional capacity of the Honduran education system, with a focus on rural areas facing the greatest educational challenges. It is expected to directly benefit more than 30,000 students, as well as teachers and families in 33 prioritized municipalities.
The operation includes scholarships for secondary school students, tutoring programs in math and Spanish, and the development of skills such as reading, logical-mathematical thinking, socioemotional, and digital competencies, among others. It also includes strategies to prevent school dropout in elementary and secondary education and to re-engage students who have left the system. Additionally, the program aims to enhance educational services for returning children and adolescents, fostering their continued education through teacher training and family support.
The program will also finance improvements in school infrastructure, the provision of furniture and technology, the implementation of a new curriculum tailored to rural areas, and the strengthening of the national learning assessment system. Additionally, a national education information and evaluation system will be developed to improve decision-making.
The financial support package for Honduras includes an IDB loan of $55 million with a 5.5-year grace period and an interest rate based on SOFR. This support will be complemented by a $12 million grant from the Global Partnership for Education (GPE) Multiplier Fund and $3 million from the Canada Cooperation Framework (CCF).
About the IDB
The Inter-American Development Bank (IDB) is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the IDB works with the region’s public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise and knowledge, it promotes growth and well-being in 26 countries.
Planes,Maria Soledad
The IDB and Honduras
The IDB Office in Honduras aims to advance an agenda that contributes to institutional strengthening, expanding productive opportunities, and promoting greater inclusive and environmentally responsible growth, benefiting both Honduran men and women. The ultimate goal is to achieve sustainable improvement in social indicators.