The Inter-American Development Bank approved a credit line that local authorities will use to finance the Potable Water and Sanitation Program.
The financed program aims to improve the quality of life of close to 31 thousand households located in rural and peri-urban areas, informed the Inter-American Development Bank (IDB).
The Central American Bank for Economic Integration approved a line of credit for the Honduran government to finance the Resilient Housing Reconstruction Program in the country.
The Central American Bank for Economic Integration (CABEI) informed that it is estimated that approximately 29,500 vulnerable families in the departments of Cortés, Atlántida, Yoro and Santa Bárbara will benefit from the rehabilitation, reconstruction or construction of new housing.
The Central American Bank for Economic Integration approved a line of credit for the country to finance the Project for the Expansion of the Drinking Water Supply System in the City of Gracias, department of Lempira.
The project consists of developing the hydraulic infrastructure necessary to increase the quality and quantity of water supplied by the supply system of the city of Gracias, Lempira, which currently has average interruption periods of 168 hours, reported the Central American Bank for Economic Integration (CABEI).
In the countries of the region, more than 8 million people are looking for credit on the Internet. Of this group of consumers, approximately 9% explore options for taking out a student loan.
The interactive information system developed by CentralAmericaData monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner.
The World Bank granted a $45 million loan that will be used by the government to finance the Urban Water Service Strengthening Project.
The project will support the establishment and operation of urban service providers by financing goods and works to rehabilitate and improve urban drinking water supply systems, the World Bank reported.
With a $50 million loan from the IDB, the CMI Alimentos business group will expand its operations in Guatemala, El Salvador and Honduras.
The loan was placed through IDB Invest, a member of the Inter-American Development Bank (IDB) Group, and the operation is intended to finance fixed investments that will help CMI Alimentos continue improving its productivity.
The National Congress of Honduras approved a decree to allow local agricultural producers with credits in arrears in Banadesa to manage the readjustment for a further six months.
On January 23, 2020, deputies approved a draft decree to give producers who have debts with the National Agricultural Development Bank (Banadesa) an additional six-month extension for the readjustment of their obligations, reported the institution.
A CABEI loan will be used to carry out improvements at several educational centers throughout the country and purchase laboratory equipment.
The funds will be used to improve 105 Jr. high schools, basic and pre-basic education centers, equip 294 vocational workshops, 105 computer workshops and 315 natural science laboratories throughout the country.
The IDB loan funds will be part of the investment in equipment to operate the broadband network through a public-private cofinancing model.
The program to be implemented aims to cover and use connectivity, reduce transaction costs for citizens, businesses and public agencies through the development of digital government and encourage the development of the digital economy in the country, informed the Inter-American Development Bank (IDB).
The National Congress approved a loan with the CABEI to finance the purchase of technological infrastructure for the survey of facial and fingerprints of citizens.
The loan contract between the Central American Bank for Economic Integration (CABEI) and the Government of Honduras will partially finance the Project to Modernize the Identification Document carried out by the National Registry of Persons (RNP), informed the National Congress.
Palm oil producers and traders in Honduras can apply for refinancing or readjustment of loans they have with supervised financial institutions in the country until December 31 of this year.
In order to obtain these benefits, producers and/or traders in the African palm sector must benefit from these mechanisms by 31 December 2019, according to an official source.
In Honduras, the government announced that it will provide coffee growers with 10-year loans and a 10% interest rate, with a three-year grace period.
In the announcement made by President Juan Orlando Hernandez and the head of the Honduran Bank for Production and Housing (Banhprovi), Mayra Falck, it was specified that the maximum amount of credits for working capital will be $83,000.
The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions.
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The CABEI granted the Honduran government a loan for the construction of a 5.3 km stretch of four lanes that will connect Tegucigalpa with the CA-5 South Highway.
From the CABEI statement:
Tegucigalpa, December 17th, 2018. The Central American Bank for Economic Integration (CABEI) provided financing to the Republic of Honduras for approximately US$44 million to support the project "Libramiento Anillo Periférico-Carretera CA-5 Sur."
A loan from the Inter-American Development Bank will finance the construction of a new hospital and the implementation of an automated information system in Honduras.
From the IDB press release:
December 12th, 2018. The Inter-American Development Bank has approved a $53.8 million loan to build a new hospital in Honduras that will improve trauma and emergency care services both in the capital Tegucigalpa and the central-southeast region of the country. Through the construction of this hospital and an improvement in health care services, the plan will boost living standards and enhance care for patients with external injuries, in addition to easing the workload at the University Hospital.