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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.

* 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 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

  • P173984

  • Closed

  • Gaston Blanco

  • Ministry of Development Planning

  • Bolivia

  • May 3, 2020

  • (as of board presentation)

    May 14, 2020

  • November 20, 2020

  • US$ 254.30 million

  • Ministry of Economy and Public Finance

  • Latin America and Caribbean

  • 2020

  • US$ 254.30 million

  • N/A

  • Moderate

  • July 30, 2021

  • No

  • BANK APPROVED

  • September 12, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
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

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

Detailed Financial Activity as of April 30, 2025

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No data available.
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

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-27-2022
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceHighly Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceHighly SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityHighN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct beneficiaries of temporary economic support financed by the project, who are not beneficiaries of existing social assistanceprogramsValue0.002290880.003459574.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment
  • Percentage of direct beneficiaries of temporary economic support financed by the projectValue0.0051.0046.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment
  • Beneficiaries of social safety net programsValue0.003576013.003502421.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment
  • Beneficiaries of social safety net programs - FemaleValue0.001759358.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct Beneficiaries of Bono Universal financed by the projectValue0.002100911.003454574.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment
  • Direct Beneficiaries of Bono Universal financed by the project (FEMALE)Value0.001079998.000.00
    Date
    Comment
  • Direct Beneficiaries of Bono Familia financed by the projectValue0.001040102.0042847.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment
  • Percentage of inquiries or grievances that are submitted to the grievance redress mechanism that are addressed during the course ofthe project.Value0.0075.000.00
    DateApril 1, 2020July 30, 2021
    Comment
  • Direct beneficiaries of Bono Familia financed by the project (FEMALE)Value0.00524677.0022036.00
    DateApril 1, 2020July 30, 2021May 14, 2021
    Comment