El Salvador Compact - Investment Support and Financial Services
Summary:
MCC’s $449.6 million El Salvador Compact (2007-2012) funded the $67 million Productive Development Project which included the $8 million Investment Support Activity and the $3.4 million Financial Services Activity. The activities, along with the Production and Business Services Activity, aimed to increase production and employment in the Northern Zone. The activities were based on the theory that after receiving training, participants would access loans to invest in their businesses and contract paid labor, resulting in higher production and sales.