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Nicaragua Property Rights Strengthening Project

Abstract*

The development objective of the Property Rights Strengthening Project for Nicaragua is to provide beneficiaries in selected municipalities with: (a) updated and integrated cadastral and property registry information; and (b) improved land administration services. Project design reflects the progress achieved by Nicaragua over two phases of PRODEP implementation, emphasizing the need to ensure that the Project will help establish a functioning and...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project Development Objectives are: (i) to provide beneficiaries in selected municipalities with: (a) updated and integrated cadastral and property registry information; and (b) improved land administration services; and (ii) to provide immediate and effective response to an eligible emergency.

Key Details

Project Details

  • P163531

  • Closed

  • Ivonne Moreno Horta , Enrique Pantoja

  • Republic of Nicaragua

  • Nicaragua

  • November 27, 2017

  • (as of board presentation)

    March 15, 2018

  • June 29, 2018

  • US$ 50.00 million

  • Nicaragua Attorney General's Office

  • Latin America and Caribbean

  • 2018

  • US$ 50.00 million

  • B

  • Not Applicable

  • March 15, 2024

  • Yes

  • BANK APPROVED

  • March 13, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 50.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 50.00
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 50.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 5, 2021 IDA-61980 Loan Disb 3,500,000.00
Apr 1, 2022 IDA-61980 Loan Disb 6,200,000.00
Apr 15, 2022 IDA-61980 Int Charges 177,568.27
Apr 15, 2022 IDA-61980 Int Charges 177,568.27
Apr 15, 2022 IDA-61980 Int Charges 172,118.73
May 12, 2022 IDA-61980 Loan Disb 2,500,000.00
Nov 20, 2020 IDA-61980 Loan Disb 2,546,692.00
Mar 24, 2021 IDA-61980 Loan Disb 500,000.00
May 3, 2021 IDA-61980 Loan Disb 2,842,588.00
Jul 1, 2021 IDA-61980 Loan Disb 3,503,111.00
Apr 15, 2021 IDA-61980 Int Charges 8,703.96
Apr 15, 2021 IDA-61980 Int Charges 61,377.38
Apr 15, 2021 IDA-61980 Int Charges 61,377.38
Apr 15, 2021 IDA-61980 Int Charges 61,005.17
Jun 24, 2021 IDA-61980 Loan Disb 4,800,000.00
Oct 15, 2021 IDA-61980 Int Charges 813.76
Oct 15, 2021 IDA-61980 Int Charges 120,307.86
Oct 15, 2021 IDA-61980 Int Charges 120,307.86
Oct 15, 2021 IDA-61980 Int Charges 121,173.38
Jun 5, 2020 IDA-61980 Loan Disb 879,886.00
Apr 15, 2020 IDA-61980 Int Charges 18,494.52
Apr 15, 2020 IDA-61980 Int Charges 18,494.52
Oct 15, 2020 IDA-61980 Int Charges 2,066.54
Oct 15, 2020 IDA-61980 Int Charges 33,422.16
Oct 15, 2020 IDA-61980 Int Charges 33,422.16
Oct 15, 2020 IDA-61980 Int Charges 24,958.65
Aug 26, 2020 IDA-61980 Loan Disb 2,292,026.00
Apr 15, 2019 IDA-61980 Int Charges 538.62
Apr 15, 2019 IDA-61980 Int Charges 538.62
Oct 15, 2019 IDA-61980 Int Charges 215.23
Oct 15, 2019 IDA-61980 Int Charges 215.23
Oct 15, 2019 IDA-61980 Int Charges 759.25
Oct 15, 2019 IDA-61980 Int Charges 6,423.93
Oct 15, 2019 IDA-61980 Int Charges 6,423.93
Oct 15, 2019 IDA-61980 Int Charges 6,470.13
Mar 2, 2020 IDA-61980 Loan Disb 620,114.00
Dec 2, 2019 IDA-61980 Loan Disb 1,595,000.00
Apr 15, 2020 IDA-61980 Int Charges 16,561.02
Nov 26, 2018 IDA-61980 Loan Disb 50,000.00
Jul 9, 2019 IDA-61980 Loan Disb 878,808.44
Mar 14, 2019 IDA-61980 Loan Disb 405,608.03
Mar 15, 2018 IDA-61980 Loan Commitment 50,000,000.00
Jun 26, 2024 IDA-61980 Loan Disb -19,707.17
Jun 26, 2024 IDA-61980 Loan Disb -300.00
Jul 15, 2024 IDA-61980 Loan Cancel 20,007.17
Apr 15, 2024 IDA-61980 Int Charges 2,707.88
Apr 15, 2024 IDA-61980 Loan Repay 825,000.00
Apr 15, 2024 IDA-61980 Int Charges 333,962.94
Apr 15, 2024 IDA-61980 Int Charges 333,962.94
Apr 15, 2024 IDA-61980 Int Charges 336,077.06
Feb 29, 2024 IDA-61980 Loan Disb 80,919.67
Sep 6, 2023 IDA-61980 Loan Disb 895,910.00
Nov 28, 2023 IDA-61980 Loan Disb 994,344.00
Oct 15, 2023 IDA-61980 Int Charges 324,833.78
Oct 15, 2023 IDA-61980 Int Charges 325,202.10
Oct 15, 2023 IDA-61980 Int Charges 325,202.10
Oct 15, 2023 IDA-61980 Int Charges 2,403.28
Oct 15, 2023 IDA-61980 Loan Repay 825,000.00
Apr 15, 2023 IDA-61980 Int Charges 296,362.12
Apr 15, 2023 IDA-61980 Int Charges 296,090.90
Apr 15, 2023 IDA-61980 Loan Repay 825,000.00
Apr 15, 2023 IDA-61980 Int Charges 296,362.12
May 17, 2023 IDA-61980 Loan Disb 3,410,293.00
Feb 6, 2023 IDA-61980 Loan Disb -1,075,264.10
Oct 26, 2022 IDA-61980 Loan Disb 3,571,155.00
Oct 15, 2022 IDA-61980 Int Charges 6,727.00
Oct 15, 2022 IDA-61980 Int Charges 254,909.86
Oct 15, 2022 IDA-61980 Int Charges 254,909.86
Oct 15, 2022 IDA-61980 Int Charges 256,743.73
Mar 10, 2023 IDA-61980 Loan Disb 3,005,809.00
Feb 8, 2022 IDA-61980 Loan Disb 2,800,000.00
Aug 11, 2022 IDA-61980 Loan Disb 3,203,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2023-12-21
Project Management Satisfactory 2023-12-21
Monitoring and Evaluation Satisfactory 2023-12-21
Procurement Satisfactory 2023-12-21
Financial Management Satisfactory 2023-12-21
Overall Implementation Progress (IP) Satisfactory 2023-12-21

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 11-07-2024
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-28-2025PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityHighN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Parcel-based data identified and linked in the cadastral and property registry modules of SIICARValue0.00133.000.00
    DateMarch 15, 2018March 26, 2024
    Comment
  • Reduction in number of days to complete recording of purchase/sale of a property in the Property Registers with SIICARValue35.0012.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • CERC beneficiaries (disaggregated by gender)Value0.0072186.000.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Satisfactory independent evaluation of SIICAR in terms of operation, data, and securityValue0.0096.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Legal documents issued to project beneficiariesValue0.00128928.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Time taken to implement the CERCValue0.0018.000.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Municipalities that manage cadastral information with SISCAT linked to the national cadastreValue0.0019.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • of which, new titles or deeds registered in the Property RegistryValue0.000.000.00
    DateMarch 15, 2018
    Comment
  • Municipalities that use the tool linking SIICAR-SISCATValue0.003.000.00
    DateJune 28, 2021December 5, 2023
    Comment
  • of which benefit women or couples jointlyValue0.000.000.00
    DateMarch 15, 2018
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • SIICAR user satisfaction (disaggregated by gender)Value0.0099.000.00
    DateAugust 19, 2019December 5, 2023
    Comment
  • Parcels incorporated into the national cadastre databaseValue0.00140219.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Municipalities with technical cadastre certified by INETER/INIFOMValue0.0015.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Effective resolution of grievances related to the project within an average period of five business daysValue0.00100.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Roads rehabilitatedValue0.00264.500.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Geospatial information databases of INETER integrated under INETER's Spatial Data InfrastructureValue0.001.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Area covered by cadastral surveyingValue0.00714578.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Municipal land diagnostics performedValue0.0015.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Implementation of the Gender StrategyValue0.00103.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • New and repaired fishing boatsValue0.00136.000.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Updated and new technical manuals to establish and simplify institutional processes with a focus on gender equityValue0.004.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Mediations where land tenure conflict agreements were reachedValue0.0052.000.00
    DateJune 28, 2021December 5, 2023
    Comment
  • Municipalities that incorporate at least 90% of INETER cadastral database into SISCATValue0.0019.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Baseline, mid-term and final household impact evaluationsValue0.003.500.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Productive kits provided for economic recovery to artisan fishing communitiesValue0.00391.000.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Strategy and Business Plan for SIICAR completed and adopted by CSJ and INETERValueNoYes
    DateMarch 15, 2018December 5, 2023
    Comment
  • Mediation agreements pre-qualified as potentially registrable that are formalized in the Property RegisterValue0.00100.000.00
    DateMarch 15, 2018December 5, 2023
    Comment
  • Lobster pots provided for economic recovery to artisan fishing communitiesValue0.001431.000.00
    DateJune 30, 2021December 5, 2023
    Comment
  • Protected Areas that are demarcated and registered in the database of the National System of Environmental InfromationValue0.008.000.00
    DateMarch 15, 2018December 5, 2023
    Comment