The objective of this project is to test in Uruguay the mechanism of Payment by Results (PxR) in Uruguy, by piloting the first Social Impact Bond, o increase completion rates of upper secondary education, employment and educational continuity among vulnerable youth in Montevideo and the metropolitan area, through dual education.

Project Detail

Country

Uruguay

Project Number

UR-T1321

Approval Date

April 25, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

EDUCATION

Subsector

SCHOOL-TO-WORK TRANSITION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 904,000.00

Country Counterpart Financing

USD 484,000.00

Original Amount Approved

USD 420,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-20733-UR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-20733-UR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable