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HO-M1049 : Diversification in Second-tier Mechanism to Support Rural Finance
Project Status: Closed
The project will support Covelo Foundation, a second-tier financial organization based in Honduras with regional operations in Central America, to achieve economies of scale in the provision of funds to microfinance institutions working with rural microentrepreneurs in the areas of influence of the Northern Triangle of Central America (El Salvador, Honduras and Guatemala).
Project Detail
Project Number
HO-M1049
Project Country
Honduras
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/ME-15081-HO
Financial Information
Project Number
HO-M1049
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 400,000
Country counterpart financing
USD 200,000
Amount
USD 200,000
Approved
Title
Type
Project Number
Date Published
TC Document
HO-M1049
January 12, 2018
TC Document
HO-M1049
January 12, 2018
Technical Cooperation Agreement
3509/MS-HO-1;3509/MS-HO-2;ATN/ME-15081-HO;HO-M1049
July 29, 2015
Loan Contract
3509/MS-HO-1;3509/MS-HO-2;ATN/ME-15081-HO;HO-M1049
July 29, 2015
Procurement Information
DATA ACCESS AND LICENSING
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