Support to the Action Social Center of Music Program. Phase II
The main objective is to contribute to the consolidation of the development and social integration of Venezuela by the musical formation as instrument for generating human capital, capacities, values, and coexistence personal atitudes in boys, girls and youngers participating in the Orquestras and Chorus System.

Project Detail

Country

Venezuela

Project Number

VE-L1017

Approval Date

June 6, 2007

Project Status

Closed

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

SOCIAL INVESTMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

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 211,000,000.00

Country Counterpart Financing

USD 61,000,000.00

Original Amount Approved

USD 150,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1869/OC-VE Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 1869/OC-VE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility