Blue Harvest: A New Sustainable Production Model for Small Holder Coffee Farmers (IADB-RG-M1285)

Countries
  • El Salvador
  • Honduras
  • Nicaragua
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
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.
Voting Date
Aug 5, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Catholic Relief Services
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.24 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)
$ 5.56 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Aug 9, 2017

Disclosed by Bank Jan 19, 2016


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Project Description
The project seeks to promote water resource management with a focus on water-smart agricultural approaches as a high impact model of sustainable production in priority coffee producing zones in El Salvador, Honduras and Nicaragua. The project will be implemented in 7 zones. Nicaragua: San Ramón; Tuma La Dalia. Honduras: Opalaca Biological Reserve, El Jilguero Biological Reserve. El Salvador: Cordillera Cacahuatique /Arambala; Comasagua, Cordillera Bálsamo; Jujutla, Cordillera Apaneca.
Investment Description
  • Inter-American Development Bank (IADB)
This Technical Cooperation has a total cost of US$5,558,990. The IDB is financing US$1,240,000 through their MIF Small Enterprise Development Facility, and the project is receiving US$4,318,618 in country counterpart financing. This project will be financed and implemented in association with Catholic Relief Services (CRS), Keurig Green Mountain (KGM) and the Howard G. Buffett Foundation.
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).