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Latino Daily News

Sunday June 24, 2012

Honduran Hospital Network Receives $30 M Loan Benefiting 29,000 Women, 12,500 Newborns

Honduran Hospital Network Receives $30 M Loan Benefiting 29,000 Women, 12,500 Newborns

Photo: The loan will impact the poorest hospital networks in Honduras

Click Here to Enlarge Photo

The Inter-American Development Bank (IDB) will provide $30 million to help finance the maternal and child hospital network in the departments of Intibucá, Lempira, and Valle in southwestern Honduras, one of the poorest areas of the country. The goal is help reduce maternal and neonatal mortality in hospitals and improve coverage and quality of services through an innovative management model.

The program will benefit 29,000 women of childbearing age and 12,500 newborns by significantly increasing the number of deliveries attended by health care professionals, improving care in the postpartum period for the mother and newborn, increasing the number of women receiving obstetrical care, and addressing problems of obstetric and neonatal complications.

The hospital network in Honduras has reached a saturation point and suffers from lack of coordination. As a result many mothers and children do not receive adequate care, particularly for emergency situations.The large numbers of patients going to Tegucigalpa and San Pedro Sula to seek care is also overwhelming the hospitals in these cities.

The departments selected for inclusion in the program have the highest maternal and neonatal mortality rates in the country. Principal causes of mortality are respiratory conditions (61.2 percent), infections (26.4 percent) and premature birth (4.0 percent).

The IDB financing consists of a loan from the ordinary capital for $21 million for a 30 year-term, with a grace period of 5½ years, and an interest rate from the Single Currency Facility; and a loan from the Fund for Special Operations for $9 million for 40 years with a grace period of 40 years and an annual interest rate of 0.25 percent.