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The project targets 53,650 vulnerable households and informal workers in urban areas for Montserrado and Margibi counties, and rural areas for other counties. The REALISE Project has six components. Under Component one-Grant Support to vulnerable Households to Revive or start Small Businesses-SSB, 4,450 individuals will be provided support to revive or start small businesses in the informal sector in Montserrado and Margibi Counties. Component Two (LIPW), targets 17,000 Individuals with temporary employment support in Montserrado and Margibi, while Component three Will enhance capacity building and project implementation and coordination. Component Four-Provisional zero-value Component is to allow for rapid reallocation of loan proceeds from other project components during an emergency. Component Five will recruit 16,200 individuals in Bomi, Bong, Gbarpolu, Grand Gedeh, Grand Cape Mount, Lofa, Nimba and Sinoe Counties, to participate in the community livelihood and agriculture support (CLAS) ), and Component six will benefit 16,000 households under the Social Cash Transfer (SCT) Program in Grand Bassa, Grand Kru, Rivercess and River Gee Counties.
The Project Development Objective (PDO) is to increase access to income-earning opportunities for the vulnerable in the informal sector in response to crises, expand income and livelihood support to poor and food-insecure households, and improve efficiency in managing social protection programs in Liberia. Â
In support of the Government’s plans to expand support to vulnerable populations (including vulnerable workers in the informal sector), the World Bank (WB) allocated International Development Association (IDA) resources to support recovery for households and informal sector workers whose livelihoods have been negatively impacted by the spread of COVID-19 in Liberia. A major outcome of this is the development of a project aimed at expanding economic opportunities for these informal sector workers under the name Recovery of Economic Activity for Liberia Informal Sector Employment (REALISE) Project
The project builds on the lessons learned from existing youth employment and empowerment projects/programs to specifically improve access to income generation opportunities for vulnerable households and workers in urban areas. In addition, the Project aims to support interventions that equip these households and workers with social skills to access opportunities that lead to improved and sustainable livelihoods and better social cohesion.
This project is aligned with the Liberia Household Social Registry (LHSR), which has been endorsed by the Liberian Cabinet (January 2020) as the primary targeting tool for all Government of Liberia Social Protection programs.
