Social Impact Bond: Vulnerable Youth Employability in South Buenos Aires
The objective is to contribute to the creation of formal employment for youth in a situation of labor vulnerability in the south of the Autonomous City of Buenos Aires. To this end, it is proposed to support the implementation of the first Social Impact Bond (SIB) in Argentina, a comprehensive program that will aim to place vulnerable youth in jobs and achieve their medium and long-term sustainability.

Project Detail

Country

Argentina

Project Number

AR-L1297

Approval Date

August 3, 2018

Project Status

Closed

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

HUMAN RESOURCES & WORKFORCE DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,675,000.00

Country Counterpart Financing

USD 675,000.00

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4575/MS-AR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 4575/MS-AR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1414156140-7
TC Document
Project summary - AR-L1297.pdf
Oct. 04, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1414156140-8
TC Document
Resumen del proyecto - AR-L1297.pdf
Oct. 04, 2018
Spanish

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