Create a Housing Finance Market for Transnational Families

Two main objetives of the project is to launch a new transnational mortgage loan for the purchase of homes in El Salvador and to leverage the development impact of remittance flows from US to El Salvador

Project Detail

Country

El Salvador

Project Number

ES-L1099

Approval Date

December 15, 2006

Project Status

Cancelled

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00