The project aims to contribute to the development of children less than six years old in conditions of extreme poverty in rural Nicaragua and improve their opportunities, including timely entry into the educational system.
The Bank completed nearly 15 years of support for Nicaraguan children. Through institutional arrangements children and families whom benefit have access to early learning, daily food supplement and micronutrients, as well as health checks. There is also support for civil registration of minors and appropriate training for parents in parenting practices.
Through the years and at various stages, the PAININ has had important impacts on nutrition, growth, development and education indicators, becoming a hub for social policy in Nicaragua. The evaluation of the second IDB financing for this program indicated a net increase of 17.7 percentage points in the first grade enrollment of children aged six which were under the PAININ program. Other results of this phase include a net increase of 42.7 percentage points in early education assistance and a net increase of 13.3 percentage points in attendance at preschool.
Loans totaling $15 Million will support startup of program to deliver services to urban children below age six
The Inter-American Development Bank has granted Nicaragua two loans of $7.5 million each to finance a social welfare program for children under six years of age who live in extreme poverty in the nation’s cities.
A $35 million loan will help finance the country’s Urban Communities Solidarity Program
The Inter-American Development Bank has approved a $35 million loan to El Salvador for the Urban Communities Solidarity Program (UCS) to increase investments in human capital of low-income and socially excluded families.
During the first working session after two months of conflict, the Assembly approved six contracts for loans totaling $108.
Elnuevodiario.com.ni reports: "The approve credit includes $20 million granted by the IDB in September for fiscal management improvement and to help the Sandinista Government to increase tax collection.
Receive more news about Business and Investment
Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.