Enhance Development Impact of Workers' Remittances
The main objective is to enhance the development impact of personal remittances to Honduras through the innovative structured transaction to be used in financing the expansion of credit to the SME and housing finance sectors of the economy through bank intermediation.

Project Detail

Country

Honduras

Project Number

HO-M1006

Approval Date

May 21, 2008

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 300,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 300,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-10990-HO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-10990-HO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable