How we do it

VRB - Your investment change lives

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HOW WE DO IT

Process

     
ANNUAL ALLOCATION LINE
A committee reviews the projects supported in the current year, decides on whether to renew the commitment and sets the annual allocation line for the next cycle.
DEVELOPMENT AND STRUCTURING
Collaborators from Viva Rio help in structuring the projects and submitting them to the Director, who is tasked with presenting a proposal shortlist for the Consultive Committee’s review.
REVIEW AND SELECTION
The Consultive Committee decides on the approval of projects based on objective criteria: (i) adequacy with the annual allocation line parameters; (ii) relevance; (iii) impact; (iv) impact evaluation methodology; and (v) associated risk.
EXECUTION AND MONITORING
(i)The Viva Rio team handles project execution; (ii) activities are monitored with process & outcome indexes; and (iii) a monthly activity report is drafted.
IMPACT EVALUATION
(i) Presentation of the impact analysis studies (a technical partnership with education and research organizations); and (ii) final project review based on the expected and actual outcomes.
ANNUAL ALLOCATION LINE
DEVELOPMENT & STRUCTURING
REVIEW & SELECTION
EXECUTION & MONITORING
IMPACT EVALUATION

Governance

Allocation

A thorough review process undertaken by the Consulting Committee.

Transparency

Monthly financial statements and outcome records available on the Internet.

Alignment

Collaborators from Viva Rio involved in the selected projects or with VRB will be compensated according to their performance.

Independency

80% of the Committee is composed by independent members

Monitoring

Projects are subject to review by the Consulting Committe and other organizations every six months