You can bank on it

 The purpose of the world bank uses for allocating fund to assist national with sustainability development project 







First country and Best one is

1✍️ Nicaragua country 


2 ✍️ Indian

3✍️ Brazil 


One of the mission of the world bank is to reduce poverty and promote sustainability development around the world.

Although it is supported by many countries seven country known as the group of seven contribute the most money to the world bank operation. 

The group of seven (G7) country including Canada, France, German, Italy, Japan the united kingdom and the united state of America 

To fulfill it's mission, the world bank issues loan to developing countries these loan

Must be repaired 

Repaired by county receiving the loan, although the world bank does not issues grants, there are two classes 

Of world bank 

They two classes of world bank loans

Did you know it 

1 . One is loan type to made to country able to repay loan at competition interest rate 


2. Classes of world bank loans to the country 




On second loan is made to less affluent country and is repaired at a very low interest rate in most case loan from the world bank does not cover the entire cost of projects the country usually contribute 

The country government with help from commercial industry in the country usually contribute some of the needed funds this is reflected in the project description you will Read in this activity -

In each case the amount of the loan request is less than the total project cost 


Like structure of world bank loan


Nicaragua country project loans 



Project description 


Project: Road improvement 

This project proposal to improve Nicaragua country system of roads

It has the following 


Goals"of projects 

To make Travel route between commercial center more accessible; to build the nessesary road and bridge to provide essential good s and service to people living in isolation rural areas and ;to enhance the country ability to export products 


Loan request:$25 million 


Totally project cost:$47.4  million 



2. India country 

        Did you know that India project 

Project: health care for women and small children 

The project proposal to establish an effective and sustainability system for providing health care to women and small children in rural areas , this will be compished through the creation of series of small local clinic, which will provide basic

Health care and immunization, distribution food supplement and monitor malnutrition


Loan request:76.4 million 


Totally project cost:90.7 million 



3 .Brazil country project loans 


Project:Gas pipeline 


This project proposal to construct a gas pipeline from Rio Grande in Bolivia

To Sao Paulo in Brazil it will help develop a market for gas in southern Brazil and create an export opportunities for Bolivia 


Loan request: $50 million 



Totally project: cost$ 2 billion dollars




2. Bulgaria project loans 


Project: smelting plant clean up 


This

 project proposal to clean up a major environment hazard - the waste surrounding a copper smelting plant in addition to address environment problem at One of the most polluted site in Bulgaria, this project will provide a model for determining how to clean and repair existing environment damage that has results from past industry practice 

Loan request:$16 dollars million 




Totally project cost :$25

Millio










Thanks again 


Comments

Popular Posts