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Someone Somewhere: Promoting Sustainable Economic Opportunities for Artisans and Workers in the Textile Industry
The objective of the project is to create economic opportunities for artisans and employees in the textile sector, with a special focus on southern Mexico, and to promote sustainable textile production. To this end, IDB Lab will help finance the expansion of Someone Somewhere, a social impact enterprise that integrates the work of artisans in the design and manufacture of innovative, high value-added products, which are marketed through a responsible value chain.

Project Detail

Country

Mexico

Project Number

ME-L1330

Approval Date

June 29, 2023

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,700,000.00

Country Counterpart Financing

USD 1,200,000.00

Original Amount Approved

USD 1,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-23-54-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital New Social Entrepreneurship Program Financing
Operation Number SP/OC-23-54-ME
  • 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=EZIDB0000884-89085295-6
Donors Memorandum
ME-L1330 SEP Synthesis.pdf
Feb. 29, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000884-89085295-5
Donors Memorandum
ME-L1330 Sintesis SEP.pdf
Feb. 29, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49878
Loan Contract
Alguien en alguna parte Fomento de oportunidades económicas sostenibles para artesanos y trabajadores de la industria textil.pdf
Aug. 17, 2023
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49879
Loan Contract
Someone Somewhere Promoting Sustainable Economic Opportunities for Artisans and Workers in the Textile Industry.pdf
Aug. 17, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000884-1238838164-11
Environmental and Social Review Summary
ME-L1330 SomehowSomewhere_Resumen de la Revision Ambiental y Social (RRAS).pdf
Jun. 09, 2023
English
Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0000884-89085295-4
IDEATE 2023-05-22 Public Summary 1276 ME-L1330 (1).pdf
Jun. 12, 2023

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