Program for Strengthening Social Inclusion and Healthcare Networks ? PROREDES Fo (IADB-BR-L1414)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 11, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD)
$ 65.48 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 130.95 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Nov 30, 2017

Disclosed by Bank Feb 4, 2015


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The overall objective of the Program is to promote the reduction of social inequality, by implementing mechanisms and actions that contribute to the full development of the youth of Fortaleza, specifically favoring youth at risk and facing social vulnerability, as well as through investments to ensure the integrity of health care, improving access to specialized services for medium and high complexity and to hospitalization of youth and their families.
Investment Description
  • Inter-American Development Bank (IADB)
TOTAL COST: USD 130,950,000 COUNTRY COUNTERPART FINANCING: USD 65,475,000 IDB FINANCING: USD 65,480,000
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).