The Inter-American Development Bank today announced the approval of $10 million in nonreimbursable financing to support the Capacitaçao Solidária program, which provides vocational as well as life skills training for marginalized urban youth in Brazil
The resources will also strengthen private training organizations through orientation seminars and individual course monitoring. The operation will also document and systematize innovative training instruments and methodologies under the country´s Capacitação Solidária program in order to enhance program replicability.
The program, to be carried out by the Associação de Apoio ao Programa Comunidade Solidária,* is expected to train 9,000 men and women from low-income families while strengthening an estimated 300 private training organizations primarily from Brazil´s Northeast and Rio do Janeiro.
Local counterpart funds, which come from private sector donations, total $1 million.
In a previous program approved in 1998, the Multilateral Investment Fund, an autonomous fund administered by the IDB, provided a $5 million grant to improve the quality of the training and job placement services provided by the Capacitação Solidária program.