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Youth Training Program

The program's overall objective is to help provide economically disadvantaged youths between the ages of 16 and 24 with access to the formal labor market. This is to be accomplished by means of specific activities designed to provide vocational training and work experience, in conjunction with labor intermediation, orientation and information services, that meet the needs of the business sector and labor markets. The program is also intended to foster competition and efficiency in the training services market by promoting greater interaction between training providers and businesses in the production sector. The program's specific objectives are to help raise the labor participation rate, job quality, and wage levels of young people in the target group.

Project Detail

Country

Peru

Project Number

PE0241

Approval Date

February 18, 2004

Project Status

Closed

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

HUMAN RESOURCES & WORKFORCE DEVELOPMENT

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

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

Total Cost

USD 26,000,000.00

Country Counterpart Financing

USD 8,000,000.00

Original Amount Approved

USD 18,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1534/OC-PE Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 1534/OC-PE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

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Closed Phase
https://www.iadb.org/document.cfm?id=EZSHARE-571849050-2641
Project Completion Report
Programa de Capacitación Laboral de Jóvenes - Projoven (PE0241)_ Informe de Terminación de Proyecto_ [36727540].PDF
Mar. 09, 2012
Spanish
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-571849050-202
Procurement Plan
Plan de adquisiciones 2007-2008 [988467].XLS
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-571849050-7972
Loan Proposal
Youth Labor Training Program [420244].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-571849050-8139
Loan Proposal
Programa de capacitación laboral para jóvenes [424590].PDF
Dec. 31, 1999
Spanish

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