Social Impact Bond: El Futuro en Mis Manos (IADB-ME-G1014)

  • Mexico
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
Bank Risk Rating
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
Jul 14, 2017
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.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.58 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)
$ 0.58 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 Sep 15, 2017

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Project Description
IDB: SOCIAL INVESTMENT-GENDER EQUALITY & WOMEN'S EMPOWERMENT Additional funding in the amount of MXN10,526,316 (corresponding to approximately US$ US$584,796. 550,000) through a Project Specific Grant ("PSG") for the project ME-L1263 / ME-T1334 "Social Impact Bond: El Futuro en Mis Manos" (the "Project"), approved on December 5, 2016. The Project aims to improve the economic resilience and material well-being of vulnerable female headed households in the Metropolitan Area of Guadalajara through a social impact bond and is financed with a US$1,020,000 loan and a US$ 700,000 technical cooperation grant, both from the MIF, and up to approximately MXN 241,0300,000 in co-investment. (this is not the amount indicated in the approved project document, where amounts were MXN18,380,000 + 5,650,000).
Investment Description
  • Inter-American Development Bank (IADB)
The additional funding will be provided through a Project Specific Grant ("PSG").
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 You can learn more about the MICI and how to file a complaint at,1752.html (in English) or,1752.html (Spanish).