SV and JCF Cash Transfers.pdf

Sembrando Vida and Jovenes Construyendo el Futuro How Cash Transfers Work

The Government of Mexico flagship programs Sembrando Vida (SV) and Jovenes Construyendo el Futuro (JCF) consist of doing cash transfers to the beneficiaries for up to eight months in addition to technical assistance and tools, and skills development in work centers respectively. This document provides a summary of how the cash flows to each beneficiary through each program process.

Sembrando Vida Jóvenes Construyendo el Futuro

1. Each beneficiary can get $250 USD per month for up to 8 months.

2. $25 out of the $250 USD will be saved and given to the beneficiary at the end of the 8 months.

3. Beneficiaries receive input for production (tools, seeds), and technical assistance.

4. Each beneficiary can get $180 USD per month for up to 8 months.

5. Beneficiaries obtain training on work centers, a training certificate, and local government medical insurance during the life of the program (eight months).

AMEXCID works closely with Banco del Bienestar to make the cash transfers to the beneficiaries.

Banco del Bienestar in Mexico transfers the money through the local banks in el Salvador and Honduras as follows:

Country El Salvador Honduras

Bank Banco de Fomento Agropecuario

(BFA)

Grupo financiero FICOHSA

Instrument Bank account “Billetera movil”

For both programs, the beneficiary registers and starts working/producing before receiving the first disbursement. Beneficiaries go through an iterative evaluation/validation process to continue receiving cash transfers. The following table illustrates each program process including cash transfers.

Process

Sembrando Vida Jóvenes Construyendo el Futuro https://www.bfa.gob.sv/ https://www.ficohsa.com/honduras/

1. Candidate signs up to program

2. AMEXCID validates personal information, documents and carries out a land inspection.

3. Banco del Bienestar and local bank opens financial instrument

4. AMEXCID delivers tools, equipment and seeds.

5. Beneficiary starts producing

6. AMEXCID validates initial production

7. Banco del Bienestar, through local banks does the cash disbursement

8. AMEXCID notifies beneficiary of the disbursement

9. Beneficiary obtains financial instrument and cash

1. Candidates and work centers sign up to program through online platform

2. AMEXCID validates information (beneficiaries’ and work centers’)

3. Beneficiaries select work center (“vinculacion”)

4. Banco del Bienestar and local bank opens financial instrument

5. Beneficiary starts working in the work center.

6. Youth and work center do cross evaluation

7. Banco del Bienestar, through local banks does the cash disbursement

8. AMEXCID notifies beneficiary of the disbursement

9. Beneficiary obtains financial instrument and cash

Finally, the following table shows the selection criteria and the requirements for the beneficiary to receive the cash transfer:

Selection Criteria

Sembrando Vida Jóvenes Construyendo el Futuro

● At least 18 years old

● At least work a “manzana” (1.7 acres)

● Between 18 and 29 years of age

● Do not currently working or studying

Requirements

● Identity card

● Proof of address

● Proof of land ownership or leasing

● Taxpayer registry (optional)

● Identity card

● Proof of address

● Last education certificate (optional)

● Taxpayer registry (optional)