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ES-L1101 : Better Access to Credit for Rural Productive Initiatives in Eastern El Salvador

Project Status: Closed

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-L1101
Project Country
El Salvador
Project Sector
SOCIAL INVESTMENT
Project Subsector
GENDER EQUALITY & WOMEN’S EMPOWERMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Closed
Operation Number
3507/MS-ES

Financial Information

Project Number
ES-L1101
Project Status
Closed

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Nov/17/2016
Operation Number
3508/MS-ES

Financial Information

Project Number
ES-L1101
Project Status
Closed

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Nov/17/2016

Project Information

Total Cost
USD 3,950,000
Country counterpart financing
USD 1,600,000
Amount
USD 2,350,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
ES-L1101
November 17, 2020
Donors Memorandum
ES-L1101
November 03, 2020