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INNOVAEDU: Pay-for-Per-Results of Educational Innovations in El Salvador

The project objectives are: i) To pilot a payment-by-results mechanism that transfers the risk/financial incentive to private actors, service providers and/or civil society, linking in parallel international cooperation and, to a greater or lesser extent, the Ministry of Education, Science and Technology (MINEDUCYT) of El Salvador; and ii) To promote EdTech solutions to experiment with innovative educational interventions that improve the educational trajectories of vulnerable youth, with a gender perspective, towards secondary school graduation with 21st century skills.

Project Detail

Country

El Salvador

Project Number

ES-T1353

Approval Date

July 28, 2022

Project Status

Implementation

Project Type

Technical Cooperation

Sector

EDUCATION

Subsector

e-EDUCATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,400,000.00

Country Counterpart Financing

USD 700,000.00

Original Amount Approved

USD 700,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-19401-ES Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-19401-ES
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000255-175687162-6
Monitoring and Evaluation Plan (during Execution)
ATNME-19401-ES PSR09890-12312023.pdf
Jun. 04, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000255-175687162-2
Monitoring and Evaluation Plan (during Execution)
ATNME-19401-ES PSR09664-06302023.pdf
Aug. 28, 2023
English
https://www.iadb.org/document.cfm?id=EZSHARE-1928458396-5
Donors Memorandum
ES-T1353 HO-T1405 Donor memorandum.pdf
Aug. 04, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1928458396-6
Donors Memorandum
ES-T1353 HO-T1405 Memorando de donates.pdf
Aug. 04, 2022
English

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