Entrepreneurship-focused socioemotional skills for the most vulnerable youth in rural Mongolia (WB-P165310)

Countries
  • Mongolia
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
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.
Borrower
Save the Children Japan
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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.
Project Cost (USD)
$ 2.75 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 Sep 9, 2019

Disclosed by Bank Jul 6, 2018


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

Project Description

According to bank documents, the project aims to empower 6,000 vulnerable, disadvantaged youth in 25 of Mongolia’s poorest rural districts across five provinces with socioemotional skills for improved performance in school and preparation for entry into the labor market. This will be achieved through a school-based, community-driven youth program for supporting acquisition of socioemotional skills that are linked not just to success in school, but are also highly valued in the labor market. Older youths will receive training targeted more specifically to enhancing entrepreneurial knowledge and skills. The project will address the largely unmet need for socioemotional and entrepreneurship skills stemming from extremely limited labor market opportunities that lead to high inactivity among youth in these locations and a job profile dominated by traditional herding, unpaid work and self-employment in the informal sector.

Investment Description
  • World Bank (WB)
Contact Information

Mitsuaki Toyoda, Country Director
Save the Children Japan
Email Address: Mitsu@savethechildren.mn
Telephone No.: 976-11-329371

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.