Cooperativa Chorotega: Financing the Blue Economy and Conservation of the Mangrove System in Honduras
The purpose of the project is to facilitate access to credit for small producers, MSMEs and fishery-aquaculture organizations, enabling them to increase the volume of their operations and make them sustainable. The same access to financing will also be used to promote the adoption of good environmental practices and sustainable management that contribute to the conservation of the mangrove ecosystem and marine biodiversity in the Atlantic and Pacific areas of Honduras.

Project Detail

Country

Honduras

Project Number

HO-L1241

Approval Date

August 3, 2023

Project Status

Implementation

Project Type

Loan Operation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Social Entrepreneurship Program & Small Projects

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,750,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,750,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-23-55-HO Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital New Social Entrepreneurship Program Financing
Operation Number SP/OC-23-55-HO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: New Social Entrepreneurship Program Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49899
Loan Contract
Cooperativa Chorotega Financiamiento de la economía azul y conservación del sistema de manglares en Honduras.pdf
Sep. 05, 2023
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49898
Loan Contract
Cooperativa Chorotega Financing the Blue Economy and Conservation of the Mangrove System in Honduras.pdf
Sep. 05, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000753-1076168054-4
Monitoring and Evaluation Plan (during Execution)
IDEATE 2023-03-17 Public Summary 1250 HO-L1241.pdf
Mar. 17, 2023
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000753-1869483534-7
Environmental and Social Review Summary
Chorotega_Resumen de la Revisión Ambiental y Social (RRAS).pdf
May. 03, 2023
Spanish

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