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Second Private Sector Competitiveness & Economic Diversification - AF

Development Objective

To improve the business environment for firms, strengthen select government institutions, and further diversify the economy.

Key Details

Project Details

  • P160964

  • Closed

  • Maria Mogollon , Kobina Daniel

  • Ministry of Finance

  • Lesotho

  • December 29, 2016

  • (as of board presentation)

    March 24, 2017

  • N/A

  • US$ 13.40 million

  • B

  • Not Applicable

  • June 30, 2022

  • Yes

  • BANK APPROVED

  • P144933

  • February 27, 2020

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 13.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 13.40
IBRD + IDA Commitment 13.40
Lending Instrument
Grant Amount N/A
Total Project Cost** 14.50

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of non-textile investment projects facilitated over the 5-year project duration.Value0.003.006.00
    DateDecember 31, 2013December 31, 2015December 31, 2018
    Comment
  • Jobs in the horticulture and handicraft sectorsValue1160.001160.001315.00
    DateDecember 31, 2016December 31, 2016June 30, 2022
    Comment
  • Increase in domestic enterprises registered and operational in non-textile sectorsValue11402.0054.0060.00
    DateSeptember 4, 2013June 30, 2016December 31, 2018
    Comment
  • Implemented reforms supporting private sector developmentValue0.002.005.00
    DateDecember 31, 2013December 31, 2016December 31, 2021
    Comment
  • Client satisfaction with selected government-to-business servicesValue0.000.000.00
    DateJune 30, 2022
    Comment
  • Direct project beneficiariesValue0.00110189.00220000.00
    DateSeptember 4, 2013December 31, 2016June 30, 2022
    CommentDecline is due to an improvement in methodology; project beneficiaries from the credit bureau now reflects the number of peoplecovered, rather than number of loans/accounts
  • Female beneficiariesValue0.0024.0022.00
    DateSeptember 4, 2013December 31, 2016June 30, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct project beneficiariesValue0.00119809.00120000.00
    DateSeptember 4, 2013December 31, 2015December 31, 2018
    Comment
  • Days required to obtain a construction permit from the Maseru City CouncilValue106.00106.0030.00
    DateSeptember 4, 2013December 31, 2016December 31, 2021
    Comment
  • Adult population covered by the Credit BureauValue0.007.1013.00
    DateSeptember 4, 2013October 26, 2016December 31, 2021
    Comment
  • Registered lodging operations under the star grading systemValue7.0014.0040.00
    DateSeptember 4, 2013June 30, 2016June 30, 2022
    Comment
  • Tourism information center established and operationalValueNoNoYes
    DateSeptember 4, 2013December 31, 2016June 30, 2022
    Comment
  • Revenue generated by commercial horticulture farms (maloti)Value38606.0079264.001948748.00
    DateApril 30, 2014June 30, 2016December 31, 2021
    CommentDecrease in revenue due to the recent drought.
  • Percentage increase in sales of LEAP supported firmsValue0.0017.0010.00
    DateSeptember 4, 2013December 31, 2015December 31, 2018
    Comment
  • Female beneficiariesValue0.0021.0022.00
    DateSeptember 4, 2013December 31, 2015December 31, 2018
    Comment
  • Agencies connected to the Trade Automation SystemValue0.000.004.00
    DateDecember 31, 2013December 31, 2016June 30, 2022
    Comment
  • Amount of funds disbursed to businesses through LEAPValue56422.00745230.00663242.00
    DateDecember 31, 2013December 31, 2016June 30, 2022
    CommentRepresents support provided by the GoL in the window between PSCED-I closing (June 30, 2013) and PSCED-II effectiveness (January 9,2014)