Vision Banco II- Financing to improve Water and Sanitation services for the BoP

The objective of the project is twofold: (i) to increase access to financing to water and sanitation boards (¿Juntas de Agua y Saneamiento¿) in Paraguay, and therefore contribute to improving and expanding access to potable water and sanitation services of families living in small cities and peri-urban areas of the country; and (ii) to increase access to credit for households so that they can finance in-house water and sewerage connections and/or home improvements that facilitate the use of Water and Sanitation (W&S) services. In order to achieve this objective, Opportunities for the Majority (OMJ) proposes to provide a local currency Partial Credit Guarantee (The ¿Guarantee¿) for an amount up to PYG 50 billion1, in favor of the Instituto de Previsión Social (¿IPS¿)2 to guarantee a loan to Visión Banco (¿VB¿). The Guarantee will be issued in Guaranies under the IDB-IPS Partnership and will have a tenor of up to seven years.

Project Detail

Country

Paraguay

Project Number

PR-L1088

Approval Date

September 21, 2015

Project Status

Cancelled

Project Type

Guarantee

Sector

WATER AND SANITATION

Subsector

WATER SUPPLY RURAL AND PERI-URBAN

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PCG (Partial Credit Guarantee)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 18,265,890.00

Country Counterpart Financing

USD 9,132,945.00

Original Amount Approved

USD 9,132,945.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1568025780-23798

Environmental and Social Management Reports

Environmental and Social Management Report - Vision Banco II [39863174].PDF

Sep. 18, 2015

English

https://www.iadb.org/document.cfm?id=EZSHARE-1568025780-23799

Project Abstract

Project Abstract - Vision Banco II [39863178].PDF

Sep. 18, 2015

English

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