| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 40.00 |
Abstract*
1. Ecuador is an upper-middle income country that boasts a diverse geography and abundant natural capital endowment. Continental Ecuador includes three diverse landscapes, namely the coastal region in the West, the central highlands, where the country’s capital city, Quito, is located, and the Amazon rainforest in the east . The majority of the country’s 16 million inhabitants lives in the highlands and the Coast. Ecuador is the world’s 11th most... Show More
Development Objective
The Project Development Objective (PDO) is to improve livelihoods and support COVID-19 relief for targeted Indigenous Peoples and Nationalities, Afro-Ecuadorians, and Montubians, in accordance with their vision and priorities for development.
Key Details
Project Details
P173283
Active
Kosuke Anan , Enrique Pantoja
Republic of Ecuador
March 18, 2020
(as of board presentation)
September 25, 2020
January 12, 2022
US$ 40.00 million
National Institute of Popular and Solidarity Economy,Higher Education, Science, Technology and Innovation Secretariat
2021
US$ 40.00 million
N/A
November 14, 2024
December 31, 2026
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 40.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 40.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 40.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 25, 2020 | IBRD-91630 | Loan Commitment | 40,000,000.00 |
| Mar 15, 2023 | IBRD-91630 | Int Charges | 2,600.89 |
| Mar 28, 2022 | IBRD-91630 | Fee Charges | 100,000.00 |
| Mar 15, 2022 | IBRD-91630 | Int Charges | 73,150.69 |
| Mar 15, 2024 | IBRD-91630 | Int Charges | 48,661.71 |
| Mar 15, 2024 | IBRD-91630 | Int Charges | 34,839.04 |
| Oct 11, 2023 | IBRD-91630 | Loan Disb | 253,396.86 |
| Jun 28, 2023 | IBRD-91630 | Loan Disb | 230,748.81 |
| Sep 15, 2023 | IBRD-91630 | Int Charges | 49,729.72 |
| Sep 15, 2023 | IBRD-91630 | Int Charges | 18,648.65 |
| Sep 15, 2022 | IBRD-91630 | Int Charges | 50,316.28 |
| Sep 15, 2022 | IBRD-91630 | Int Charges | 1,086.38 |
| Mar 30, 2023 | IBRD-91630 | Loan Disb | 378,988.60 |
| Mar 15, 2023 | IBRD-91630 | Int Charges | 49,473.27 |
| Apr 20, 2022 | IBRD-91630 | Loan Disb | 93,376.65 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Moderately Satisfactory | 2025-02-05 |
| Monitoring and Evaluation | Satisfactory | 2025-02-05 |
| Financial Management | Moderately Satisfactory | 2025-02-05 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-02-05 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-02-05 |
| Procurement | Moderately Satisfactory | 2025-02-05 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
IPAMs in beneficiary territories that feel project investments reflect development priorities/needs established during planning process (disaggregated by P/N and gender) Value 0.00 0.00 70.00 Date August 4, 2020 December 12, 2023 December 24, 2026 Comment IPAM beneficiaries in selected territories that have secured, for the first time, formal financial services from FIs supported by the Project (disaggregated by gender) Value 0.00 0.00 1000.00 Date November 3, 2020 December 12, 2023 October 22, 2026 Comment New internships or jobs for IPAMs facilitated by Project-financed activities (disaggregated by P/N and gender) Value 0.00 0.00 200.00 Date August 4, 2020 December 12, 2023 December 17, 2026 Comment Increase in attendance of IPAMs in participating in higher education programs (disaggregated by P/N and gender) Value 0.00 0.00 500.00 Date January 11, 2021 December 12, 2023 November 27, 2026 Comment IPAM households benefiting from livelihood subprojects and investments Value 0.00 0.00 50000.00 Date January 11, 2021 December 12, 2023 December 24, 2026 Comment National Platform for structured dialogue between IPAM representatives and the State is established and operational Value No No Yes Date January 11, 2021 December 12, 2023 June 30, 2022 Comment IPAM women in prioritized territories that have secured, for the first time, formal financial services from FIs supported by the Project Value 0.00 0.00 300.00 Date January 4, 2021 December 12, 2023 January 1, 2026 Comment New internships or jobs for female IPAMs facilitated by Project-financed activities (disaggregated by P/N) Value 0.00 0.00 60.00 Date January 4, 2021 December 12, 2023 January 1, 2026 Comment Direct IPAM project beneficiaries (disaggregated by gender) Value 0.00 0.00 1000000.00 Date August 4, 2020 December 12, 2023 December 25, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Partnership agreements signed with universities, cultural institutes and technical programs for strengthening IPAM attendance Value 0.00 0.00 7.00 Date December 29, 2016 September 26, 2022 August 4, 2025 Comment IPAMs Strategic Development Investment Plans (SDIPs) are developed and validated using territorial platforms Value 0.00 0.00 10.00 Date January 4, 2021 September 26, 2022 December 31, 2025 Comment Subproject investments financed under the Project that are operational/completed and assessed as good quality in technical audit Value 0.00 0.00 80.00 Date August 4, 2020 September 26, 2022 September 2, 2025 Comment Grievances responded and/or resolved within the stipulated service standards for response times Value 0.00 0.00 85.00 Date August 4, 2020 September 26, 2022 September 2, 2025 Comment Improved employability and competitiveness Value 0.00 0.00 75.00 Date January 29, 2021 September 26, 2022 December 31, 2025 Comment IPAM women's active participation in structured dialogue platforms at the national and territorial levels Value 0.00 0.00 30.00 Date August 4, 2020 September 26, 2022 September 2, 2025 Comment New IPAM associations/companies led by IPAMs established under the Project (disaggregated by gender) Value 0.00 0.00 5.00 Date January 4, 2021 September 26, 2022 December 30, 2025 Comment IPAM community banks formed and strengthened Value 0.00 0.00 20.00 Date August 4, 2020 September 26, 2022 September 2, 2025 Comment