Integrating Innovation for Rural Competitiveness in Honduras - COMRURAL II (WB-P168385)

Countries
  • Honduras
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Honduras
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 330.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 22, 2018


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Project Description

According to the bank, the proposed project aims to improve access to markets and climate-smart practices and contribute to the economic inclusion of targeted beneficiaries in select agricultural value chains. Innovation, defined as approaches that are new and/or different for project beneficiaries, will play an important role in achieving this objective in the form inter alia of practices, technologies, and systems. Moving beyond a focus on specific value chain nodes or aspects, the project will promote competitive improvements along the full spectrum of backward and forward value chain linkages.
The indicators used by the bank to evaluate the project are: 

Number of beneficiaries (farmers and agri-entrepreneurs) adopting climate-smart practices promoted by the project, disaggregated by gender, youth, Indigenous, Afro-descendants (“climate-smart” indicator) • New jobs created under subprojects financed by the project (“economic inclusion” indicator) • Percentage increase in the value of gross sales of agricultural enterprises based on implementation of the business plans approved in the first 3.5 years of project implementation (“access to markets” and “economic inclusion” indicator) • Percentage of rural producer organizations (RPOs) working under a productive alliance approach 24 months after first disbursement (“sustainability” and “access to markets” indicator)

 

Investment Description
  • World Bank (WB)
Contact Information

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