Innovative Models for Providing Long-term Financing to Coffee Producers in Nicar
The most recent roya outbreak has severely affected Central American coffee producers with about 50% of the total coffee growing area affected by this fungus. The incidence rate varies from country to country but it is estimated between 20-40% in Nicaragua and Honduras alone.

Roya is decreasing income levels for Central American coffee producers and Small Enterprises (SEs) posing a real threat for its financial stability and survival. With renovation costs estimated between US$600 to US$3,000 and a timeframe of 3-4 years before newly planted coffee trees start producing beans, there is an urgent need to provide a well-rounded solution that incorporates long term financing, a solution that is not currently provided by the formal financial sector.
ECOM is a solid player that has been in the coffee business for decades, dealing directly with farmers and providing short term loans at flexible terms to better match the seasonality of the business.

MIF would be providing technical assistance to improve the credit processing capabilities of ECOM/Atlantic.

Project Detail

Country

Nicaragua

Project Number

NI-M1038

Approval Date

July 1, 2015

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 546,305.00

Country Counterpart Financing

USD 219,600.00

Original Amount Approved

USD 326,705.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15017-NI Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15017-NI
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1706095239-33341
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-15017-NI [40729882].PDF
Nov. 01, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-1706095239-33338
Procurement Plan
PLAN DE ADQUISICIONES ATN ME-15017NI EXPASA_vers_ aprobada Agosto 2016 [40430913].PDF
Aug. 19, 2016
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1706095239-33339
Donors Memorandum
Nicaragua_ Cooperación técnica no reembolsable para el proyecto Modelos Innovadores de Provision de Financiacion [39886087].PDF
Oct. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1706095239-33340
Donors Memorandum
Nicaragua Nonreimbursable technical cooperation funding for the project “Innovative Models for Providing Long-te [39886095].PDF
Oct. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1611952932-6
Project Performance Monitoring Reports
MIF Project Status Report-6-2018-ATN_ME-15017-NI - Rep7253.pdf
Oct. 23, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1611952932-7
Project Performance Monitoring Report
MIF Project Status Report-12-2018-ATN_ME-15017-NI - Rep8542.pdf
Jul. 23, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-2037292324-8
Approved TC document
Innovative Models for Providing Long-term Financing to Coffee Producers in Nicaragua.PDF
Jan. 15, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-537651751-3
Approved TC document
Modelos Innovadores de Provision de Financiacion a Largo Plazo a Productores de Cafe en Nicaragua.PDF
Jan. 12, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1611952932-3
Project Performance Monitoring Reports
MIF_ PSRDef ATN_ME-15017-NI - Rep6378.pdf
Jun. 29, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-1611952932-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-15017-NI - Rep6675.pdf
Oct. 03, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-1611952932-5
Project Performance Monitoring Reports
MIF Project Status Report-12-2017-ATN_ME-15017-NI - Rep6876.pdf
Mar. 27, 2018
English

Have an Environmental or Social issue related to IDB projects? File a Complaint