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

Country

Guatemala

Project Number

GU-L1179

Approval Date

December 9, 2020

Project Status

Closed

Project Type

Loan Operation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

AGRICULTURAL TECHNOLOGY ADOPTION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 5,800,000.00

Country Counterpart Financing

USD 3,900,000.00

Original Amount Approved

USD 1,900,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5192/GN-GU Non-Sovereign Guaranteed USD - United States Dollar Green Climate Fund MIF Financing
Operation Number 5192/GN-GU
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Green Climate Fund
  • Financial Instrument: MIF Financing