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Social Impact Bond: El Futuro en Mis Manos
Additional funding in the amount of MXN10,526,316 (corresponding to approximately US$ US$584,796. 550,000) through a Project Specific Grant ("PSG") for the project ME-L1263 / ME-T1334 "Social Impact Bond: El Futuro en Mis Manos" (the "Project"), approved on December 5, 2016. The additional funding will be provided through a Project Specific Grant ("PSG"). The Project aims to improve the economic resilience and material well-being of vulnerable female headed households in the Metropolitan Area of Guadalajara through a social impact bond and is financed with a US$1,020,000 loan and a US$ 700,000 technical cooperation grant, both from the MIF, and up to approximately MXN 241,0300,000 in co-investment. (this is not the amount indicated in the approved project document, where amounts were MXN18,380,000 + 5,650,000).

Project Detail

Country

Mexico

Project Number

ME-G1014

Approval Date

July 14, 2017

Project Status

Cancelled

Project Type

Investment Grants

Sector

SOCIAL INVESTMENT

Subsector

GENDER EQUALITY & WOMEN’S EMPOWERMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 584,796.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 584,796.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/CF-16245-ME Non-Sovereign Guaranteed USD - United States Dollar Common Account - COFAB Grant
Operation Number GRT/CF-16245-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Common Account - COFAB
  • Financial Instrument: Grant
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