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Ecuador Inclusive and Resilient Housing and Urban Development Project

Abstract*

The project aims to (i) improve access to affordable and climate resilient housing for the most vulnerable population, (ii) improve urban infrastructure and services in selected informal settlements; and (iii) strengthen the capacity of the Gov. of Ecuador to implement and scale up affordable housing and settlements upgrading policies and instruments. The project will address the effects of unplanned urbanization in Ecuador, particularly focusing...

* 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

To (i) improve access to affordable and resilient housing to low-income segments of the population and improve urban infrastructure and services in selected Ecuadorian settlements; (ii) strengthen the capacity of the GoE to implement and scale affordable housing and settlement upgrading policies and instruments; and (iii) in case of an Eligible Crisis or Emergency, respond promptly and effectively to it.

Key Details

Project Details

  • P180361

  • Active

  • Gabriel Arrisueno Fajardo , Rodrigo Donoso Arias

  • Republic of Ecuador

  • Ecuador

  • February 26, 2023

  • (as of board presentation)

    October 5, 2023

  • July 24, 2024

  • US$ 100.00 million

  • Ministerio de Desarrollo Urbano y Vivienda

  • Latin America and Caribbean

  • 2024

  • US$ 100.00 million

  • N/A

  • July 7, 2023

  • March 13, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00
Borrower/Recipient 0.25

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 100.00

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

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 27, 2024 IBRD-95980 Fee Charges 250,000.00
Oct 5, 2023 IBRD-95980 Loan Commitment 100,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Unsatisfactory 2024-12-20
Financial Management Moderately Satisfactory 2024-12-20
Monitoring and Evaluation Satisfactory 2024-12-20
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-20
Progress towards achievement of PDO Moderately Satisfactory 2024-12-20
Procurement Moderately Satisfactory 2024-12-20

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.