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GU-L1178 : Funding Climate-Smart Agricultural Technologies for Micro & Small Entrepreneurs and Farmers in Guatemala

Project Status: Implementation

Providing a loan (with financial characteristics more sensitive to the climate profile of the guatemalan farmer) to FUNDEA so that fundEA offers financial and non-financial products that respond to the farmer's demand and financial flows to adopt intelligent agricultural technologies, is a concrete response in favor of climate action, the protection of ecosystems , and has the potential to promote sustained increased income for farmers.

Project Detail

Project Number
GU-L1178
Approval date
December 09, 2020
Project Country
Guatemala
Project Sector
AGRICULTURE AND RURAL DEVELOPMENT
Project Subsector
SUSTAINABLE AGRICULTURAL DEVELOPMENT
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5191/MS-GU

Financial Information

Project Number
GU-L1178
Project Status
Implementation

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Contract signature date
Mar/08/2022

Project Information

Total Cost
USD 5,900,000
Country counterpart financing
USD 3,900,000
Amount
USD 2,000,000