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ES-M1055 : 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-M1055
Project Country
El Salvador
Project Sector
SOCIAL INVESTMENT
Project Subsector
GENDER EQUALITY & WOMEN’S EMPOWERMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/ME-15080-ES

Financial Information

Project Number
ES-M1055
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Oct/26/2015

Project Information

Total Cost
USD 535,000
Country counterpart financing
USD 185,000
Amount
USD 350,000

Approved

Title
Type
Project Number
Date Published
Loan Contract
3507/MS-ES;3508/MS-ES;ATN/ME-15080-ES;ES-M1055
July 29, 2015
Loan Contract
3507/MS-ES;3508/MS-ES;ATN/ME-15080-ES;ES-M1055
July 29, 2015

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ES-M1055
November 21, 2017
Project Performance Monitoring Reports
ES-M1055
September 13, 2017
Project Performance Monitoring Reports
ATN/ME-15080-ES;ES-M1055
February 14, 2017