COVID-19 Crisis Emergency Social Safety Nets Project

Abstract*

The project will finance cash transfers to mitigate the loss of household labor income due to the COVID-19 crisis. The borrower would like the IPF to cover part of the costs of the three temporary income support programs that target different segments of the population: Bono Familia, Bono Canasta Familiar, and Bono Universal, including the service contract to the platform that enables payment via any bank in Bolivia. Show More

Development Objective

The objective of the Project is to provide temporary economic support to poor and vulnerable households impacted by the COVID-19 pandemic

Key Details

Project Details

Project ID
P173984
Status
Closed
Team Leader
Gaston Blanco
Borrower 2
Ministry of Development Planning

Country
Bolivia
Disclosure Date
May 3, 2020
Approval Date
(as of board presentation)
May 14, 2020
Effective Date
November 20, 2020

Total Project Cost 1
US$ 254.30 million
Implementing Agency
Ministry of Economy and Public Finance
Region
Latin America and Caribbean
Fiscal Year 3
2020

Commitment Amount
US$ 254.30 million
Environmental Category
N/A
Environmental and Social Risk
Moderate
Closing Date
July 30, 2021

Consultant Services required
No
Last Stage Reached
BANK APPROVED
Last Update Date
September 12, 2023

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 - Climate change6%
- FY17 - Adaptation6%

FY17 - Finance

FY17 - Finance for Development1%
- FY17 - Disaster Risk Finance1%

FY17 - Human Development and Gender

FY17 - Disease Control100%
- FY17 - Pandemic Response100%
FY17 - Gender39%

FY17 - Public Sector Management

FY17 - Data Development and Capacity Building99%

FY17 - Social Development and Protection

FY17 - Social Protection100%
- FY17 - Disability39%
- FY17 - Social Safety Nets100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	54.30
International Bank for Reconstruction and Development	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	200.00
IDA Commitment	54.30
IBRD + IDA Commitment	254.30

Lending Instrument
Grant Amount	N/A
Total Project Cost**	254.30

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

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
May 1, 2022	IDA-66700	Int Charges	167,877.50
Nov 30, 2021	IDA-66710	Loan Cancel	1,155.17
May 1, 2022	IBRD-91150	Int Charges	1,598,833.40
May 1, 2022	IDA-66710	Int Charges	224,752.16
May 1, 2022	IDA-66710	Int Charges	214,763.17
May 1, 2022	IDA-66710	Int Charges	214,763.17
Nov 30, 2021	IDA-66710	Loan Disb	13,844.83
Nov 1, 2021	IBRD-91150	Int Charges	1,645,777.80
Nov 1, 2021	IDA-66700	Int Charges	172,806.69
Nov 1, 2021	IDA-66710	Int Charges	205,291.84
Nov 1, 2021	IDA-66710	Int Charges	205,291.84
May 1, 2024	IDA-66710	Int Charges	224,767.20
May 1, 2024	IDA-66700	Int Charges	762,345.80
May 1, 2024	IBRD-91150	Int Charges	7,260,436.50
Nov 1, 2023	IDA-66700	Int Charges	728,793.30
Nov 1, 2023	IDA-66710	Int Charges	214,777.56
Nov 1, 2023	IDA-66710	Int Charges	214,777.56
Nov 1, 2023	IDA-66710	Int Charges	224,767.20
Nov 1, 2021	IDA-66710	Int Charges	214,840.33
Jul 26, 2021	IDA-66710	Loan Disb	3,085,000.00
May 1, 2021	IDA-66700	Int Charges	21,354.15
May 1, 2021	IDA-66700	Int Charges	135,972.06
May 1, 2021	IDA-66710	Int Charges	152,771.39
May 1, 2021	IDA-66710	Int Charges	152,771.39
May 1, 2021	IDA-66710	Int Charges	159,877.03
May 1, 2021	IBRD-91150	Int Charges	203,210.06
May 1, 2021	IBRD-91150	Int Charges	1,296,057.60
Dec 9, 2020	IDA-66700	Loan Disb	1,702,251.20
Dec 9, 2020	IDA-66710	Loan Disb	5,187,509.00
Dec 9, 2020	IBRD-91150	Loan Disb	40,044,880.00
Dec 10, 2020	IDA-66700	Loan Disb	19,245,248.00
Dec 10, 2020	IDA-66710	Loan Disb	25,012,490.00
Nov 20, 2020	IBRD-91150	Loan Disb	500,000.00
Nov 20, 2020	IBRD-91150	Fee Charges	500,000.00
Nov 20, 2020	IDA-66700	Loan Disb	52,500.00
Nov 20, 2020	IDA-66700	Fee Charges	52,500.00
Dec 10, 2020	IBRD-91150	Loan Disb	159,455,120.00
Nov 1, 2023	IBRD-91150	Int Charges	6,940,889.00
May 1, 2023	IDA-66700	Int Charges	668,342.50
May 1, 2023	IDA-66710	Int Charges	224,767.20
May 1, 2023	IBRD-91150	Int Charges	6,365,166.50
May 1, 2023	IDA-66710	Int Charges	214,777.56
May 1, 2023	IDA-66710	Int Charges	214,777.56
Nov 1, 2022	IDA-66700	Int Charges	348,833.30
Nov 1, 2022	IBRD-91150	Int Charges	3,322,222.20
Nov 1, 2022	IDA-66710	Int Charges	214,777.56
Nov 1, 2022	IDA-66710	Int Charges	214,777.56
Nov 1, 2022	IDA-66710	Int Charges	224,767.20
May 14, 2020	IBRD-91150	Loan Commitment	200,000,000.00
May 14, 2020	IDA-66710	Loan Commitment	33,300,000.00
May 14, 2020	IDA-66700	Loan Commitment	21,000,000.00
May 1, 2024	IDA-66710	Int Charges	214,777.56
May 1, 2024	IDA-66710	Int Charges	214,777.56

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2021-04-21
Procurement	Satisfactory	2021-04-21
Financial Management	Satisfactory	2021-04-21
Overall Implementation Progress (IP)	Satisfactory	2021-04-21
Project Management	Satisfactory	2021-04-21
Monitoring and Evaluation	Satisfactory	2021-04-21

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 01-27-2022
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Highly Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Highly Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	High	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Direct beneficiaries of temporary economic support financed by the project, who are not beneficiaries of existing social assistanceprograms	Value	0.00	2290880.00	3459574.00
	Date	April 1, 2020	July 30, 2021	May 14, 2021
	Comment

Percentage of direct beneficiaries of temporary economic support financed by the project Value 0.00 51.00 46.00
Date April 1, 2020 July 30, 2021 May 14, 2021
Comment
Beneficiaries of social safety net programs Value 0.00 3576013.00 3502421.00
Date April 1, 2020 July 30, 2021 May 14, 2021
Comment
Beneficiaries of social safety net programs - Female Value 0.00 1759358.00 0.00
Date
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Direct Beneficiaries of Bono Universal financed by the project Value 0.00 2100911.00 3454574.00
Date April 1, 2020 July 30, 2021 May 14, 2021
Comment
Direct Beneficiaries of Bono Universal financed by the project (FEMALE) Value 0.00 1079998.00 0.00
Date
Comment
Direct Beneficiaries of Bono Familia financed by the project Value 0.00 1040102.00 42847.00
Date April 1, 2020 July 30, 2021 May 14, 2021
Comment
Percentage of inquiries or grievances that are submitted to the grievance redress mechanism that are addressed during the course ofthe project. Value 0.00 75.00 0.00
Date April 1, 2020 July 30, 2021
Comment
Direct beneficiaries of Bono Familia financed by the project (FEMALE) Value 0.00 524677.00 22036.00
Date April 1, 2020 July 30, 2021 May 14, 2021
Comment