Call for Proposals: Remittances and Savings in Central America
The Remittances and Savings Program seeks to increase the access and use of formal savings among clients of international remittances in Guatemala, Honduras and El Salvador. The program will provide technical cooperation funds to projects that implement business strategies, including the development of liquid and commitment savings products, focused on remittance clients.
The program will provide a maximum of US$400,000 in funding to financial entities looking to implement these strategies. Selected institutions will be responsible for providing counterpart financing equivalent to up to 40% of the total cost of the project.