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Company name

Banco FICENSA

Project number

HO1032A-01

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E&S category
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Country

Honduras

Sector

Financial Institutions

Status

Completed

Disclosed date

11/09/1999

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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12/07/1999

Approval date

12/15/1999

Signed date

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Sponsoring entity

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Investment Operations Department Contact

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Investment type

Syndicated amount

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Financing amount

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Currency

USD

Project scope and objective

Project Description: The project consists of a seven-year loan of up to $4 million. The loan will be used to provide medium and long-term financing to small and medium-size companies; such financing is difficult to obtain in Honduras. The Bank will focus on granting subloans to companies that operate chiefly in the industrial, manufacturing, construction, agribusiness, and other eligible sectors.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

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PHONE NUMBER

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POST OFFICE ADDRESS

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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Learn more about how we provide private-sector solutions in the region .