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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

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 18,265,890.00

Country Counterpart Financing

USD 9,132,945.00

Original Amount Approved

USD 9,132,945.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3543/OC-PR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
Operation Number 3543/OC-PR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Guarantee Financial Instrument

Can’t find a document? Request information

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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