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Brazil: Income Support for the Poor affected by COVID-19

Development Objective

The objective of the project is to mitigate the negative economic effects associated with COVID-19 on income and risks of damaging human capital of poor families.

Key Details

Project Details

  • P174197

  • Closed

  • Matteo Morgandi , Gabriel Lara Ibarra

  • Federative Republic of Brazil

  • Brazil

  • June 19, 2020

  • (as of board presentation)

    October 29, 2020

  • July 2, 2021

  • US$ 1000.00 million

  • N/A

  • September 12, 2023

  • December 31, 2022

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 1000.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 1000.00
IDA Commitment N/A
IBRD + IDA Commitment 1000.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 1000.00

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

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

Detailed Financial Activity as of January 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 18, 2021 IBRD-91720 Fee Charges 2,500,000.00
Oct 29, 2020 IBRD-91720 Loan Commitment 1,000,000,000.00
Jun 18, 2021 IBRD-91720 Loan Disb 2,500,000.00
Jun 18, 2021 IBRD-91720 Loan Disb -2,500,000.00
Jun 18, 2021 IBRD-91720 Fee Charges -2,500,000.00
Jul 2, 2021 IBRD-91720 Fee Charges 2,500,000.00
Jul 2, 2021 IBRD-91720 Loan Disb 2,500,000.00
May 3, 2022 IBRD-91720 Loan Disb 797,500,030.00
Sep 15, 2021 IBRD-91720 Int Charges 4,947.92
Sep 15, 2021 IBRD-91720 Int Charges 163,869.86
Aug 16, 2021 IBRD-91720 Loan Disb 200,000,000.00
Mar 15, 2022 IBRD-91720 Int Charges 41,095.89
Mar 15, 2022 IBRD-91720 Int Charges 967,218.75
Mar 15, 2022 IBRD-91720 Int Charges 988,681.50
Mar 15, 2022 IBRD-91720 Int Charges 117,237.44
Sep 15, 2022 IBRD-91720 Int Charges 7,769,456.00
Sep 15, 2022 IBRD-91720 Int Charges 267,654.12
Mar 15, 2023 IBRD-91720 Int Charges 23,328,888.00
Sep 15, 2023 IBRD-91720 Int Charges 29,900,000.00
Mar 15, 2024 IBRD-91720 Int Charges 33,312,604.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2022-10-06
Procurement Satisfactory 2022-10-06
Project Management Satisfactory 2022-10-06
Financial Management Satisfactory 2022-10-06
Monitoring and Evaluation Satisfactory 2022-10-06
Overall Implementation Progress (IP) Highly Satisfactory 2022-10-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-20-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Families who are maintained above extreme poverty program threshold with project financingValue0.001200000.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children 6-17 benefiting from CCT with project financing, whose school attendance is being monitored by the programValue0.0085.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Indigenous FemaleValue0.001800.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children 6-17 benefiting from CCT with project financing, whose school attendance is being monitored by the program - IndigenousValue0.0085.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Indigenous MaleValue0.00400.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children 6-17 benefiting from CCT with project financing, whose school attendance is being monitored by the program - QuilombolaValue0.0085.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Quilombola FemaleValue0.001100.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children 6-17 benefiting from CCT with project financing, whose school attendance is being monitored by the program - Other groupsValue0.0085.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children under 7 years old benefiting from CCT with project financing, who are being monitored by the program for compliance with health checkupsValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Quilombola MaleValue0.00400.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Other Groups FemaleValue0.00936300.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children under 7 years old benefiting from CCT with project financing, who are being monitored by the program for compliance with health checkups - IndigenousValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Families who are maintained above extreme poverty program threshold with project financing - Other Groups MaleValue0.00233000.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children under 7 years old benefiting from CCT with project financing, who are being monitored by the program for compliance with health checkups - QuilombolaValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Mean income support received with project financing by families as a share of the income at the time of applicationValue0.0055.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Children under 7 years old benefiting from CCT with project financing, who are being monitored by the program for compliance with health checkups - Other groupsValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Beneficiaries of social safety net programsValue0.002900000.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Beneficiaries of social safety net programs - FemaleValue0.000.000.00
    Date
    Comment
  • Cases from the BF program grievance redress mechanism resolved in 30 daysValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Cases from the BF program grievance redress mechanism resolved in 30 days - IndigenousValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Cases from the BF program grievance redress mechanism resolved in 30 days - QuilombolasValue0.0060.000.00
    DateMarch 30, 2020December 30, 2022
    Comment
  • Cases from the BF program grievance redress mechanism resolved in 30 days - Other groupsValue0.0060.000.00
    DateMarch 31, 2020December 30, 2022
    Comment
  • Adoption and improvement of communication strategies with specific channels for vulnerable groups of BF, which increase awareness of the availability of Fala BR for claims related to BFValueNoYes
    DateMarch 31, 2020December 30, 2022
    Comment