Vision Banco - Habitat Humanity's Improved Housing Initiative Low-income Family
The project¿s objective is to reduce the qualitative housing deficit of low income
primarily micro-entrepreneurs in Paraguay by facilitating access to private sector long term finance for an innovative package of access to credit and technical assistance, specifically for progressive, rehabilitation, expansion and home improvements. In an effort to accomplish this objective, the IDB is proposing to provide a Partial Credit Guarantee (PCG) of up to US$2.5 million; equivalent in Paraguayan Guaranies (PGY), from the OMJ Facility to Vision Banco S.A.E.C.A., a leading commercial bank in Paraguay specialized in microfinance. With the IDB PCG, Vision will be able to borrow US$3 million, equivalent in PGY, from Citibank N.A. Paraguay (the Guaranteed Loan).

Project Detail

Country

Paraguay

Project Number

PR-L1057

Approval Date

December 10, 2010

Project Status

Implementation

Project Type

Guarantee

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

HOUSING

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2488/OC-PR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
Operation Number 2488/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

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-186272563-8
Environmental and Social Management Reports
Environmental _ Social Management ReportsEnvironmental _ Social Management Report [35393464].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-186272563-6
Project Profile
Project Abstact_ PR-L1057 - Improved Housing Program for Low-income Families in Urban Paraguay [35345618].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-186272563-7
Project Profile
Environmental and Social Strategy (ESS)_ PR-L1057 Improved Housing Program for Low-income Families in Urban Para [35345626].PDF
Dec. 31, 1999
English

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