Image Skills Centre Project
The broad project objective is to alleviate pockets of poverty in Trinidad's rural communities by equipping at risk young persons with an opportunity to learn skills leading to employment. The immediate objective is to create a skills training centre that offers certified programs in cosmetology and beauty therapy to at risk young persons in the rural communities of North. Eastern Trinidad. The Bridge of Hope has developed a proposal that will provide technical and on the job training for 16 students in the first year with job placement of 11 trainees with 5 being retained to support training of future students as well as to provide services on a for profit basis from the Image Skills Centre. Revenue from this business enterprise will be used to finance operating costs for training 16+ additional students each year on an ongoing basis, thus ensuring sustainability of the Image Skills Centre over time.

This project supports private sector development, which is identified as a priority in the Bank's current Country Strategy Paper for Trinidad and Tobago. The skills development program also supports poverty alleviation, which has been defined as a programming priority of the MIF in the 2005 replenishment at Okinawa

Project Detail

Country

Trinidad and Tobago

Project Number

TT-M1003

Approval Date

July 22, 2005

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 61,000.00

Country Counterpart Financing

USD 20,000.00

Original Amount Approved

USD 41,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-9324-TT Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-9324-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1327018462-3157
Technical Cooperation Agreement
Image Skills Centre Project [585324].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1327018462-3173
Technical Cooperation Agreement
Image Skills Centre Project [585321].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1327018462-3199
Technical Cooperation Agreement
Image Skills Centre Project_ [585319].DOC
Dec. 31, 1999
English

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