$35 million IDB financing for a program focused on women of childbearing age and infants
Nicaragua will receive $35 million in financing from the Inter-American Development Bank (IDB) for a program to extend health services to rural communities, particularly focusing on children under 2 years and women of childbearing age.
The program will strengthen the capacity of the Ministry of Health to increase health promotion, prevention, and primary care services in 700 communities in 33 municipalities to reach an estimated 680,000 people in the Dry Corridor, which has Nicaragua’s highest rates of malnutrition and infant morbidity. This area consists of the departments of Madriz and Nueva Segovia; the northern municipalities of León, Estelí, Chinandega, and Managua; and in the west, Matagalpa, Boaco and Chontales.
The program aims to help reduce the rate of chronic infant malnutrition from 19.6 percent to 14 percent, and increase vaccination coverage for this group from 67.5 percent to 80 percent. The program will also reduce the incidence of hospitalization for diarrhea and pneumonia in infants and increase the utilization of family planning methods from 75.8 percent to 80 percent.
Half of the IDB financing was extended from the Fund for Special Operations with a repayment term and grace period 40 years; the remainder was extended from the Bank’s ordinary capital for a term of 30 years and a grace period of 5.5 years.