Nicaragua Hurricane Felix Emergency Recovery Project

Development Objective

To support the sustainable recovery of the communities affected by Huricane Felix in the North Atlantic Autonomous Region (RAAN) of Nicaragua

Key Details

Project Details

Project ID
P108974
Status
Closed
Team Leader
Enrique Pantoja
Borrower 2
Ministerio de Hacienda y Credito Publico

Country
Nicaragua
Disclosure Date
February 15, 2008
Approval Date
(as of board presentation)
March 6, 2008
Effective Date
October 31, 2008

Total Project Cost 1
US$ 17.00 million
Implementing Agency
Gobierno Regional Autonomo de la Costa Caribe Norte (GRACCN)
Region
Latin America and Caribbean
Fiscal Year 3
2008

Commitment Amount
US$ 17.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
July 8, 2021

Associated Projects
P132108

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Renewable Natural Resources Asset Management22%
- FY17 - Biodiversity11%
- FY17 - Landscape Management11%

FY17 - Finance

FY17 - Finance for Development17%
- FY17 - Disaster Risk Finance17%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management51%
- FY17 - Disaster Preparedness17%
- FY17 - Disaster Response and Recovery17%
- FY17 - Disaster Risk Reduction17%
FY17 - Rural Development11%
- FY17 - Land Administration and Management11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	17.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	17.00
IBRD + IDA Commitment	17.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	17.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Feb 15, 2024	IDA-43920	Int Charges	34,954.59
Feb 15, 2024	IDA-43920	Int Charges	34,954.59
Feb 15, 2024	IDA-43920	Loan Repay	242.64
Nov 13, 2012	IDA-H8170	Loan Commitment	5,000,000.00
Mar 6, 2008	IDA-43920	Loan Commitment	17,000,000.00
Feb 15, 2019	IDA-43920	Loan Repay	3,595.71
Feb 15, 2019	IDA-43920	Loan Repay	106,184.56
Feb 15, 2019	IDA-43920	Int Charges	41,049.60
Feb 15, 2019	IDA-43920	Int Charges	41,049.60
Sep 12, 2018	IDA-43920	Loan Disb	-2,010,489.50
Sep 12, 2018	IDA-43920	Loan Cancel	2,010,489.50
Aug 15, 2019	IDA-43920	Loan Repay	108,815.93
Aug 15, 2019	IDA-43920	Int Charges	39,989.88
Aug 15, 2019	IDA-43920	Int Charges	39,989.88
Aug 15, 2019	IDA-43920	Int Charges	821.80
Aug 15, 2019	IDA-43920	Int Charges	821.80
Feb 15, 2020	IDA-43920	Loan Repay	107,297.93
Feb 15, 2020	IDA-43920	Loan Repay	973.28
Feb 15, 2020	IDA-43920	Int Charges	39,383.63
Feb 15, 2020	IDA-43920	Int Charges	39,383.63
Aug 15, 2020	IDA-43920	Loan Repay	1,790.19
Aug 15, 2020	IDA-43920	Loan Repay	109,819.78
Aug 15, 2020	IDA-43920	Int Charges	36,913.78
Aug 15, 2020	IDA-43920	Int Charges	36,913.78
Feb 15, 2021	IDA-43920	Int Charges	3,337.80
Feb 15, 2021	IDA-43920	Int Charges	40,333.59
Feb 15, 2021	IDA-43920	Int Charges	40,333.59
Feb 15, 2021	IDA-43920	Loan Repay	114,069.91
Feb 15, 2021	IDA-43920	Int Charges	3,337.80
Aug 15, 2015	IDA-43920	Int Charges	1,612.70
Aug 15, 2015	IDA-43920	Int Charges	1,612.70
Aug 15, 2015	IDA-43920	Int Charges	47,715.48
Aug 15, 2015	IDA-43920	Int Charges	47,715.48
Feb 15, 2016	IDA-43920	Int Charges	48,956.73
Feb 15, 2016	IDA-43920	Int Charges	48,956.73
Aug 15, 2016	IDA-43920	Int Charges	418.29
Apr 15, 2014	IDA-H8170	Loan Cancel	4,789,110.00
Jul 8, 2014	IDA-43920	Loan Cancel	699,828.50
Feb 15, 2015	IDA-43920	Int Charges	266.69
Feb 15, 2015	IDA-43920	Int Charges	266.69
Feb 15, 2015	IDA-43920	Int Charges	49,478.28
Feb 15, 2015	IDA-43920	Int Charges	49,478.28
Jul 8, 2014	IDA-43920	Loan Disb	131,324.38
Aug 15, 2014	IDA-43920	Int Charges	344.65
Aug 15, 2014	IDA-43920	Int Charges	344.65
Aug 15, 2014	IDA-43920	Int Charges	53,347.99
Aug 15, 2014	IDA-43920	Int Charges	53,347.99
Aug 15, 2021	IDA-43920	Int Charges	299.55
Aug 15, 2021	IDA-43920	Int Charges	299.55
Aug 15, 2021	IDA-43920	Loan Repay	112,454.76
Aug 15, 2021	IDA-43920	Int Charges	39,640.29
Aug 15, 2021	IDA-43920	Int Charges	39,640.29
Feb 15, 2022	IDA-43920	Int Charges	38,220.70
Feb 15, 2022	IDA-43920	Loan Repay	108,890.81
Feb 15, 2022	IDA-43920	Int Charges	38,220.70
Aug 15, 2022	IDA-43920	Int Charges	36,066.45
Aug 15, 2022	IDA-43920	Int Charges	36,066.45
Aug 15, 2022	IDA-43920	Int Charges	432.81
Aug 15, 2022	IDA-43920	Int Charges	432.81
Aug 15, 2022	IDA-43920	Loan Repay	104,540.53
Feb 15, 2022	IDA-43920	Loan Repay	2,019.27
Feb 15, 2023	IDA-43920	Loan Repay	1,220.92
Feb 15, 2023	IDA-43920	Loan Repay	104,664.78
Feb 15, 2023	IDA-43920	Int Charges	35,435.80
Feb 15, 2023	IDA-43920	Int Charges	35,435.80
Aug 15, 2023	IDA-43920	Int Charges	695.07
Aug 15, 2023	IDA-43920	Int Charges	695.07
Aug 15, 2023	IDA-43920	Loan Repay	105,487.45
Aug 15, 2023	IDA-43920	Int Charges	35,602.04
Aug 15, 2023	IDA-43920	Int Charges	35,602.04
Aug 15, 2024	IDA-43920	Loan Repay	1,897.61
Aug 15, 2024	IDA-43920	Loan Repay	104,082.30
Aug 15, 2024	IDA-43920	Int Charges	32,767.32
Aug 15, 2024	IDA-43920	Int Charges	32,767.32
Feb 15, 2024	IDA-43920	Loan Repay	104,490.28
Aug 15, 2016	IDA-43920	Int Charges	418.29
Aug 15, 2016	IDA-43920	Int Charges	49,044.57
Feb 15, 2016	IDA-43920	Int Charges	26.70
Feb 15, 2016	IDA-43920	Int Charges	26.70
Aug 15, 2016	IDA-43920	Int Charges	49,044.57
Feb 15, 2017	IDA-43920	Int Charges	46,706.82
Feb 15, 2017	IDA-43920	Int Charges	46,706.82
Feb 15, 2017	IDA-43920	Int Charges	377.12
Feb 15, 2017	IDA-43920	Int Charges	377.12
Aug 15, 2017	IDA-43920	Int Charges	371.15
Aug 15, 2017	IDA-43920	Int Charges	371.15
Aug 15, 2017	IDA-43920	Int Charges	48,568.06
Aug 15, 2017	IDA-43920	Int Charges	48,568.06
Feb 15, 2018	IDA-43920	Int Charges	923.27
Feb 15, 2018	IDA-43920	Int Charges	923.27
Feb 15, 2018	IDA-43920	Int Charges	49,666.19
Feb 15, 2018	IDA-43920	Int Charges	49,666.19
Aug 15, 2018	IDA-43920	Int Charges	1,510.96
Aug 15, 2018	IDA-43920	Int Charges	1,510.96
Aug 15, 2018	IDA-43920	Loan Repay	129,643.15
Aug 15, 2018	IDA-43920	Int Charges	48,616.18
Aug 15, 2018	IDA-43920	Int Charges	48,616.18
Aug 5, 2013	IDA-43920	Loan Disb	76,643.44
Jul 8, 2013	IDA-43920	Loan Disb	153,150.23
Aug 15, 2013	IDA-43920	Int Charges	311.71
Aug 15, 2013	IDA-43920	Int Charges	311.71
Aug 15, 2013	IDA-43920	Int Charges	47,288.35
Aug 15, 2013	IDA-43920	Int Charges	47,288.35
Aug 19, 2013	IDA-H8170	Loan Disb	500,000.00
Nov 27, 2013	IDA-43920	Loan Disb	140,545.80
Nov 27, 2013	IDA-43920	Loan Disb	103,478.37
Dec 27, 2013	IDA-43920	Loan Disb	134,769.62
Dec 26, 2013	IDA-43920	Loan Cancel	1,345,238.50
Nov 15, 2013	IDA-43920	Loan Disb	85,057.29
Apr 15, 2014	IDA-H8170	Loan Disb	-189,039.00
Dec 2, 2013	IDA-43920	Loan Disb	112,312.80
Feb 15, 2014	IDA-43920	Int Charges	467.68
Feb 15, 2014	IDA-43920	Int Charges	467.68
Feb 15, 2014	IDA-43920	Int Charges	52,118.75
Feb 15, 2014	IDA-43920	Int Charges	52,118.75

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Safeguards Rating	Moderately Satisfactory	2014-12-23
Procurement	Moderately Unsatisfactory	2014-12-23
Monitoring and Evaluation	Moderately Unsatisfactory	2014-12-23
Overall Implementation Progress (IP)	Unsatisfactory	2014-12-23
Counterpart Funding	Satisfactory	2014-12-23
Progress towards achievement of PDO	Unsatisfactory	2014-12-23
Project Management	Moderately Unsatisfactory	2014-12-23
Financial Management	Unsatisfactory	2014-12-23
Overall Safeguards Rating	Moderately Satisfactory	2014-12-23

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-16-2015
Outcomes	Unsatisfactory
Risk to Development Outcome	High
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Unsatisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 09-14-2015	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Unsatisfactory	N/a
Risk To Development Outcome	High	N/a
Bank Performance	Unsatisfactory	N/a
Borrower Performance	Unsatisfactory	N/a
Government Performance	Unsatisfactory	N/a
Implementing Agency	Unsatisfactory	N/a
Icr Quality	Exemplary	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Income of fishermen and women participating in the Project is restored or improved Value US$200 20%
Date August 30, 2007 September 30, 2014 December 31, 2014
Comment

At least 15% increase in sustainable fish production in the region (from pre-disaster levels)	Value		To be measured during final project evaluation	15%
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

At least 40% of beneficiaries receiving boats and fishing equipment and supplies under the Project are women	Value	0 (of 4,500)	30% (preliminary estimate)	40% (of 4,500)
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

At least 3,300 families living in houses rehabilitated or reconstructed to safer standards under the Project Value 0 4,200 3,300
Date December 31, 2007 June 15, 2014 December 31, 2014
Comment
At least 40 affected communities given access to safer buildings for emergency shelter through the Project Value 0 12 40
Date December 31, 2007 September 30, 2014 December 31, 2014
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

100% of Component 1 completed by August 30, 2011 Value 0 100% 100%
Date December 31, 2007 June 15, 2014 December 31, 2014
Comment
At least 30 groups with new boats and fishing equipment by end of Project Value 0 30 30
Date December 31, 2007 June 15, 2014 December 31, 2014
Comment

Sustainable revolving fund established in BP by end of Project to continue providing credit to the small-scale fisheries sector	Value	0	tbd	Satisfactory Assessment of Fund
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

At least 80% (out of 4,000) of direct beneficiaries, and 80% of female beneficiaries, are satisfied with Project activities supporting the small-scale fisheries sector rehabilitation efforts	Value	0	80%	80% overall / 80% females
	Date	December 31, 2007	September 30, 2014	December 31, 2014
	Comment

At least 80% of target families are satisfied with the rehabilitation and reconstruction activities under Component 3 Value 0 tbd 80%
Date December 31, 2007 June 15, 2014 December 31, 2014
Comment
At least 2,800 affected families have their roofs rehabilitated under the Project by August 30, 2011 Value 0.00 3985.00 2800.00
Date June 15, 2014 August 30, 2011
Comment
At least 25 communities benefiting from community churches and centers reconstructed under the Project Value 0.00 4.00 25.00
Date December 31, 2007 June 15, 2014 December 31, 2014
Comment
At least 5 health facilities constructed, renovated and/or equipped Value 0.00 0.00 5.00
Date August 31, 2007 September 30, 2014 December 31, 2014
Comment

Regional Government has adequate capacity to prepare and implement externally-financed projects (as measured by an independent evaluation) by end ofproject	Value		To be measured during final project evaluation	Yes
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

Income of fishermen and women participating in the Project is restored or improved	Value	US$200		20%
	Date	August 30, 2007	September 30, 2014	December 31, 2014
	Comment

At least 3,300 families living in houses rehabilitated or reconstructed to safer standards under the Project	Value	0	4,200	3,300
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

100% of Component 1 completed by August 30, 2011	Value	0	100%	100%
	Date	December 31, 2007	June 15, 2014	December 31, 2014
	Comment

At least 2,800 affected families have their roofs rehabilitated under the Project by August 30, 2011	Value	0.00	3985.00	2800.00
	Date		June 15, 2014	August 30, 2011
	Comment