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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

Multilateral Investment Fund Instrument

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

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
110/MS-ES Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
110/TD-ES Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
Operation Number 110/MS-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing
Operation Number 110/TD-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing
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