| Financier | Commitments |
|---|---|
| IDA Credit | 75.00 |
| Local Beneficiaries | 5.70 |
| National Government | 12.70 |
Integrating Innovation for Rural Competitiveness in Honduras - COMRURAL II
Abstract*
The development objective of the Integrating Innovation for Rural Competitiveness in Honduras Project for Honduras is to improve access to markets and climate-smart practices and contribute to the economic inclusion of targeted beneficiaries in select agricultural value chains. The project comprises of four components. The first component is to support competitive, innovative, and climate-resilient agribusiness initiatives (subprojects) in prioritized... Show More
Development Objective
The PDO is to improve access to markets and climate-smart practices and contribute to the economic inclusion of targeted beneficiaries in select agricultural value chains.
Key Details
Project Details
P168385
Active
Francisco Bueso Ucles , Melissa Brown
Republic of Honduras
November 16, 2018
(as of board presentation)
June 27, 2019
May 4, 2020
US$ 146.90 million
Secretaría de Agricultura y Ganadería
2019
US$ 75.00 million
B
May 23, 2024
March 31, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 75.00 |
| IBRD + IDA Commitment | 75.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 146.90 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2022 | IDA-64480 | Int Charges | 105,000.00 |
| Oct 15, 2022 | IDA-64480 | Int Charges | 105,000.00 |
| Oct 15, 2022 | IDA-64480 | Int Charges | 99,400.02 |
| Dec 17, 2021 | IDA-64480 | Loan Disb | 1,500,000.00 |
| Apr 15, 2023 | IDA-64480 | Int Charges | 123,375.00 |
| Apr 15, 2023 | IDA-64480 | Int Charges | 123,375.00 |
| Apr 15, 2024 | IDA-64480 | Int Charges | 164,562.50 |
| Apr 15, 2024 | IDA-64480 | Int Charges | 164,562.50 |
| Apr 15, 2024 | IDA-64480 | Int Charges | 152,622.48 |
| Oct 26, 2023 | IDA-64480 | Loan Disb | 4,500,000.00 |
| Oct 15, 2023 | IDA-64480 | Int Charges | 131,250.00 |
| Oct 15, 2023 | IDA-64480 | Int Charges | 131,250.00 |
| Oct 15, 2023 | IDA-64480 | Int Charges | 124,249.98 |
| Apr 2, 2024 | IDA-64480 | Loan Disb | 3,000,000.00 |
| Jun 27, 2019 | IDA-64480 | Loan Commitment | 75,000,000.00 |
| Nov 18, 2020 | IDA-64480 | Loan Disb | 2,500,000.00 |
| Apr 15, 2022 | IDA-64480 | Int Charges | 95,916.67 |
| Apr 15, 2022 | IDA-64480 | Int Charges | 95,916.67 |
| Apr 15, 2022 | IDA-64480 | Int Charges | 90,801.12 |
| Nov 10, 2021 | IDA-64480 | Loan Disb | 5,000,000.00 |
| Oct 15, 2021 | IDA-64480 | Int Charges | 34,583.34 |
| Oct 15, 2021 | IDA-64480 | Int Charges | 34,583.34 |
| Oct 15, 2021 | IDA-64480 | Int Charges | 32,738.89 |
| Apr 15, 2021 | IDA-64480 | Int Charges | 15,312.50 |
| Apr 15, 2021 | IDA-64480 | Int Charges | 15,312.50 |
| Apr 15, 2021 | IDA-64480 | Int Charges | 14,495.83 |
| Jul 29, 2021 | IDA-64480 | Loan Disb | 5,000,000.00 |
| Apr 15, 2023 | IDA-64480 | Int Charges | 116,795.00 |
| Dec 9, 2022 | IDA-64480 | Loan Disb | 3,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-11-27 |
| Procurement | Moderately Satisfactory | 2024-11-27 |
| Project Management | Moderately Satisfactory | 2024-11-27 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-11-27 |
| Overall Safeguards Rating | Satisfactory | 2024-11-27 |
| Financial Management | Moderately Satisfactory | 2024-11-27 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-11-27 |
| Overall Safeguards Rating | Satisfactory | 2024-11-27 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Farmers adopting improved agricultural technology Value 0.00 3904.00 12600.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Increase in real gross sales generated by business plans in execution Value 0.00 39.00 20.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Jobs (full-time) created under business plans financed by the project Value 0.00 8880.00 9700.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Rural Producer Organizations working under a productive alliance approach 24 months after first disbursement Value 100.00 0.00 80.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Farmers adopting improved agricultural technology - Female Value 0.00 0.00 0.00 Date Comment Percentage women Value 0.00 0.00 0.00 Date Comment Farmers adopting improved agricultural technology - male Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Business plans financed under the project Value 0.00 70.00 370.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Rural Producer Organizations that reach the goals defined in the Business Plans Value 0.00 0.00 70.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Reduction in the average time required for select, prioritized SENASA processes Value 0.00 0.00 30.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Beneficiaries participating in business plans under the project Value 0.00 6842.00 18000.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Reduction in the average time required for ARSA laboratory analyses Value 0.00 0.00 30.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Percentage women Value 0.00 0.00 0.00 Date Comment Percentage youth Value 0.00 0.00 0.00 Date Comment Percentage Indigenous Value 0.00 0.00 0.00 Date Comment Percentage Afro-descendant Value 0.00 0.00 0.00 Date Comment Percentage covered under GoH social protection programs Value 0.00 0.00 0.00 Date Comment Private Capital Mobilized Value 0.00 13870000.00 53500000.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Beneficiaries satisfied with technical and financial assistance received under the project Value 0.00 93.00 80.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Beneficiaries satisfied with the participatory process of business plan preparation Value 0.00 41.00 80.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment Percentage of beneficiaries who report that they received satisfactory response to their grievances reported through the GRM Value 0.00 87.50 80.00 Date June 27, 2019 April 12, 2024 March 31, 2026 Comment