IDB Invest Sustainability Bond Presentation
Building a more inclusive textile
supply chain in Honduras
Category: Social
Sub-category: Employment
generation and programs to
alleviate unemployment from
socio-economic crises
CASE
STUDY
Elcatex
Honduras
ING
1 POVERTY
5
GENDER
EQUALITY
8
DECENT WORK AND
ECONOM GROWTH
M
AND INFRASTRUCTURE
Approved amount:
Allocated amount:
Total mobilization:
$64M
$64M
$32M
10 NEQUALITIES
REDUCED
As of 2021, the project has achieved the following results:
About 5,000 new jobs
created, surpassing the
target of 3,200.
Approval Year: 2020
Disbursement Year: 2021
379 SME suppliers integrated
into the value chain, 92% of the
total expected.
Elcatex increased its sales
by 24% between 2019 and
2021. The new plant became
operational in September
2021 and is expected to
reach capacity by 2022 and
exceed its targets including for
production and exports.
17
PARTNERISH PS
FOR THE GOALS
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