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- Where we work
- Social Infrastructure Investment Fund Project- Phase III
Social Infrastructure Investment Fund Project- Phase III
Nicaragua
| Borrower | Nicaragua |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Education |
| Approved | 09.09.1997 |
| Signed | 16.02.1998 |
| Status | Completed |
| Loan Administrator | IADB |
| Executing Agency | Emergency Social Investment Fund |
| Co-financiers | IADB, Government |
| OPEC Fund Contribution (US$m) | 4.00 |
| Total Project Cost (US$m) | 55.00 |
This loan helped support the social development activities of FISE, an autonomous, temporary institution mandated to improving the living standards of the poor by financing and implementing small-scale community projects. Directly supporting 120 such projects, this loan was used to rehabilitate and equip schools, renovate health centers and improve essential infrastructure such as water supply and sanitation, benefiting around 150,000 people.