Social Inclusion Project (WB-P165267)

Countries
  • Cape Verde
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
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
Nov 26, 2018
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.
Borrower
Government of Cape Verde
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 10.00 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)
$ 10.00 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 @ WB website

Updated in EWS Jan 16, 2019


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

Project Description

According to bank documents, the project objective is to support Government efforts in building an effective social protection system that promotes social and productive inclusion, by (i) building effective delivery systems for outreach, targeting and program management; and (ii) supporting the expansion of the Rendimento Social de Inclusão Program (cash transfer program).

The project will be articulated around two main components:

  1. Strengthening Social Protection systems (US$ 3 million). The specific objective of this component is to enhance the capacity of MFIS and other institutions (municipalities) involved in the social protection sector to implement, monitor, and evaluate safety nets programs as an integrated and permanent safety net system.
  2. Expansion of the Rendimento Social de Inclusão (RSI) Program (US$ 7 million). The objective of this component is to scale up and improve targeting and efficiency of the Rendimento Social de Inclusão Program (RSI), which was designed and financed by the government of Cabo Verde in 2016/2017, and aims to provide
    1. cash transfers to very poor families;
    2. access to productive  inclusion initiatives to the same beneficiaries; and
    3. access to childcare services for very poor families.
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Eric Zapatero Larrio
Sr Social Protection Specialist

Borrower:
Ministry of Finance

Implementing Agency:
Ministerio da Familia e Inclusao Social - Ministry of Family and Social Inclusion
Monica Furtado
National Director of Social Inclusion
mfurtadocv@gmail.com 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.