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ES-L1089 : Financing Productive Development for El salvador

Project Status: Closed

To promote productivity growth of El Salvador through two specific areas of intervention: i) support through funding apex productive credit to micro, small and medium enterprises in El Salvador (approximately U.S. $ 80 million) and ii) support through funding of first floor to the financing of renewable energy (approximately U.S. $ 20 million). Additionally some resources of the operation (approximately U.S. $ 500 billion) will be allocated to strengthen the institutional capacity to implement Bandesal operation.

Project Detail

Project Number
ES-L1089
Project Country
El Salvador
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
GCR (Global Credit Operation)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
3271/OC-ES

Financial Information

Project Number
ES-L1089
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Jun/19/2015

Project Information

Total Cost
USD 100,000,000
Country counterpart financing
USD 0
Amount
USD 100,000,000

Preparation

Title
Type
Project Number
Date Published

Approved

Title
Type
Project Number
Date Published
Loan Proposal
ES-L1089
May 21, 2015
Loan Proposal
ES-L1089
May 21, 2014
Loan Proposal
ES-L1089
May 21, 2014
Loan Proposal
ES-L1089
May 21, 2014
Loan Proposal
ES-L1089
May 19, 2014
Loan Proposal
ES-L1089
May 19, 2014
Loan Proposal
ES-L1089
April 07, 2014
Loan Proposal
ES-L1089
October 10, 2012

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
ES-L1089
December 14, 2018
Project Monitoring Report ( Public version)
ES-L1089
August 02, 2018
Project Monitoring Report ( Public version)
ES-L1089
February 15, 2018
Project Monitoring Report ( Public version)
ES-L1089
February 14, 2018
Project Monitoring Report ( Public version)
ES-L1089
December 23, 2016
Project Monitoring Report ( Public version)
ES-L1089
June 28, 2016
Project Monitoring Report ( Public version)
ES-L1089
March 21, 2016
Project Monitoring Report ( Public version)
ES-L1089
March 18, 2016

Completed

Title
Type
Project Number
Date Published
Project Completion Report
ES-L1089
April 01, 2020