CAF Offers Immediate Support to Victims of Hurricane Julia in El Salvador

October 14, 2022

CAF—development bank of Latin America—will make a USD 250,000 donation to El Salvador to help address the emergency caused by Hurricane Julia, which has caused significant human losses, thousands of victims and considerable material damage in the country. 

Foto cortesía de la Presidencia de El Salvador
Foto cortesía de la Presidencia de El Salvador

Through a letter addressed to the President of the Republic of El Salvador, Nayib Bukele, the executive president of CAF—development bank of Latin America—, Sergio Díaz-Granados, expressed CAF’s solidarity with the victims of the ravages of Hurricane Julia and announced the delivery of an immediate USD 250,000 donation to the Central American nation for humanitarian aid and the reconstruction of the affected infrastructure.

“I wish to express our solidarity with the people of El Salvador in the face of the devastating effects of Hurricane Julia, which has caused significant human losses and substantial material damage. In this context, CAF is offering its support humanitarian aid efforts to address the emergency, through the designated government channel,” said Sergio Díaz-Granados

In the letter, CAF’s executive president also expressed appreciation for the actions taken by the national government to support the victims, as well as for the people’s fortitude and the collective actions of society in the face of this situation.

With this donation, CAF hopes to contribute to the Salvadoran government’s emergency humanitarian aid efforts, and demonstrates its commitment to the well-being of the residents of its member countries.

El Salvador joined CAF this year, a multilateral financial institution whose mission is to foster sustainable development and Latin American integration in its shareholder countries. Its shareholders include: Argentina, Barbados, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Portugal, Trinidad and Tobago, Spain, Uruguay, Venezuela and 13 private banks in the region. It serves the public and private sectors, providing multiple products and services to a broad client portfolio consisting of Shareholder States, private companies and financial institutions.