Improving the climate resilience of micro, small and medium forestry, and agroforestry enterprises in Honduras

The project consists of a credit facility to be provided to up to three financial institutions, to channel financial services to forestry and agroforestry MSMEs in Honduras (the “Facility”). The participating financial institutions (“FI”) will include second-tier institutions (such as FACACH and FUNDER) and (first-tier financial institutions (banks, savings and credit cooperatives, anchor companies, rural banks, and agricultural cooperatives). An environmental and social (“E&S”) review will be conducted for each FI interested in participating in the facility. To this end, potential partners will be assessed by IDB Lab based on eligibility criteria and will be subject to a capacity analysis and due diligence, at which point the project team will be able to reconfirm the selection of a maximum of three FIs.