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Ferghana Valley Rural Enterprise Development Project

Abstract*

The development objective of the Ferghana Valley Rural Enterprise Development Project for Uzbekistan is to support the expansion of rural enterprise activity and job creation in Ferghana Valley. The project comprises of three components. The first component, enterprise development objective is to facilitate the establishment and growth of micro, small, and medium‐size enterprises (MSMEs) through the provision of technical support and facilitation...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To support the expansion of rural enterprise activity and job creation in Ferghana Valley

Key Details

Project Details

  • P166305

  • Active

  • Bayarsaikhan Tumurdavaa , Dilshod Khidirov

  • Republic of Uzbekistan

  • Uzbekistan

  • October 3, 2018

  • (as of board presentation)

    March 21, 2019

  • July 10, 2019

  • US$ 240.10 million

  • The International Strategic Center for Agri-Food Development

  • Europe and Central Asia

  • 2019

  • US$ 200.00 million

  • B

  • November 14, 2023

  • March 31, 2026

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 200.00
Local Beneficiaries 40.10

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 240.10

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 28, 2020 IBRD-89380 Loan Disb 180,000.00
Jul 23, 2020 IBRD-89380 Loan Disb 2,080,000.00
Nov 2, 2020 IBRD-89380 Loan Disb 1,935,000.00
Jul 22, 2020 IBRD-89380 Loan Disb 1,050,000.00
Oct 15, 2020 IBRD-89380 Int Charges 165.83
Oct 15, 2020 IBRD-89380 Int Charges 1,911.13
Jun 24, 2021 IBRD-89380 Loan Disb 1,170,000.00
Oct 15, 2021 IBRD-89380 Int Charges 764.35
Oct 15, 2021 IBRD-89380 Int Charges 3,420.41
Oct 15, 2021 IBRD-89380 Int Charges 151,227.80
Oct 15, 2021 IBRD-89380 Int Charges 515,689.72
May 6, 2021 IBRD-89380 Loan Disb 125,100.00
Jun 17, 2021 IBRD-89380 Loan Disb 1,180,600.00
Aug 5, 2021 IBRD-89380 Loan Disb 2,100,000.00
Aug 5, 2021 IBRD-89380 Loan Disb 351,000.00
Oct 25, 2021 IBRD-89380 Loan Disb 1,285,000.00
Nov 3, 2021 IBRD-89380 Loan Disb 547,000.00
Sep 7, 2021 IBRD-89380 Loan Disb 122,200.00
Sep 23, 2021 IBRD-89380 Loan Disb 83,100.00
Sep 23, 2021 IBRD-89380 Loan Disb 518,200.00
Apr 9, 2021 IBRD-89380 Loan Disb 545,300.00
Jun 30, 2021 IBRD-89380 Loan Disb 1,210,000.00
May 21, 2021 IBRD-89380 Loan Disb 326,300.00
Apr 15, 2021 IBRD-89380 Int Charges 180,115.69
Apr 15, 2021 IBRD-89380 Int Charges 373,469.50
Apr 15, 2021 IBRD-89380 Int Charges 16,498.93
Jun 2, 2021 IBRD-89380 Loan Disb 2,935,000.00
Jun 2, 2021 IBRD-89380 Loan Disb 1,265,000.00
Apr 7, 2021 IBRD-89380 Loan Disb 608,000.00
Oct 15, 2020 IBRD-89380 Int Charges 228,164.12
Oct 15, 2020 IBRD-89380 Int Charges 188,456.66
Oct 8, 2020 IBRD-89380 Loan Disb 1,136,000.00
Jul 10, 2020 IBRD-89380 Loan Disb 2,100,000.00
Aug 10, 2020 IBRD-89380 Loan Disb 1,420,000.00
Nov 16, 2020 IBRD-89380 Loan Disb 1,800,000.00
Nov 16, 2020 IBRD-89380 Loan Disb 500,000.00
May 13, 2020 IBRD-89380 Loan Disb 802,500.00
May 4, 2020 IBRD-89380 Loan Disb 650,000.00
Apr 15, 2020 IBRD-89380 Int Charges 16.44
Nov 3, 2022 IBRD-89380 Loan Disb 139,250.00
Oct 5, 2022 IBRD-89380 Loan Disb 40,000.00
Apr 5, 2023 IBRD-89380 Loan Disb 63,000.00
Oct 18, 2022 IBRD-89380 Loan Disb 250,050.00
Sep 19, 2022 IBRD-89380 Loan Disb 900,000.00
Oct 15, 2022 IBRD-89380 Int Charges 694.54
Oct 15, 2022 IBRD-89380 Int Charges 2,854.46
Oct 15, 2022 IBRD-89380 Int Charges 107,775.99
Oct 15, 2022 IBRD-89380 Int Charges 1,490,205.60
Oct 4, 2022 IBRD-89380 Loan Disb 470,050.00
Nov 22, 2022 IBRD-89380 Loan Disb 270,050.00
Nov 28, 2022 IBRD-89380 Loan Disb 365,550.00
Dec 16, 2020 IBRD-89380 Loan Disb 300,040.00
Dec 4, 2020 IBRD-89380 Loan Disb 211,600.00
Nov 20, 2020 IBRD-89380 Loan Disb 865,000.00
Dec 22, 2020 IBRD-89380 Loan Disb 3,380,000.00
Dec 7, 2020 IBRD-89380 Loan Disb 423,100.00
Nov 24, 2020 IBRD-89380 Loan Disb 1,600,000.00
Oct 2, 2020 IBRD-89380 Loan Disb 1,265,000.00
Oct 9, 2020 IBRD-89380 Loan Disb 1,606,000.00
Jul 24, 2020 IBRD-89380 Loan Disb 31,216.96
Oct 21, 2020 IBRD-89380 Loan Disb 5,000,000.00
Oct 26, 2020 IBRD-89380 Loan Disb 1,000,000.00
Oct 28, 2020 IBRD-89380 Loan Disb 2,000,000.00
Sep 16, 2020 IBRD-89380 Loan Disb 750,000.00
Aug 18, 2020 IBRD-89380 Loan Disb 800,000.00
Sep 11, 2020 IBRD-89380 Loan Disb 256,000.00
Sep 14, 2020 IBRD-89380 Loan Disb 700,000.00
Aug 5, 2020 IBRD-89380 Loan Disb 1,335,000.00
Jul 31, 2020 IBRD-89380 Loan Disb 360,000.00
Jun 8, 2020 IBRD-89380 Loan Disb 120,050.00
Jul 27, 2020 IBRD-89380 Loan Disb 401,000.00
Aug 11, 2020 IBRD-89380 Loan Disb 119,000.00
Jul 20, 2020 IBRD-89380 Loan Disb 110,000.00
Jul 28, 2020 IBRD-89380 Loan Disb 430,000.00
Jul 9, 2020 IBRD-89380 Loan Disb 220,000.00
Aug 28, 2020 IBRD-89380 Loan Disb 2,000,000.00
Jul 14, 2020 IBRD-89380 Loan Disb 550,000.00
Aug 13, 2020 IBRD-89380 Loan Disb 2,350,000.00
Apr 29, 2021 IBRD-89380 Loan Disb 523,000.00
Jun 25, 2021 IBRD-89380 Loan Disb 3,972,000.00
Apr 14, 2021 IBRD-89380 Loan Disb 1,586,000.00
Nov 19, 2020 IBRD-89380 Loan Disb 710,000.00
Apr 30, 2021 IBRD-89380 Loan Disb 1,265,100.00
Mar 30, 2021 IBRD-89380 Loan Disb 567,000.00
Nov 30, 2020 IBRD-89380 Loan Disb 498,050.00
Nov 30, 2020 IBRD-89380 Loan Disb 240,000.00
Feb 11, 2022 IBRD-89380 Loan Disb 2,000,100.00
Aug 3, 2022 IBRD-89380 Loan Disb 400,000.00
Aug 4, 2022 IBRD-89380 Loan Disb 270,000.00
Aug 25, 2022 IBRD-89380 Loan Disb 30,050.00
Jan 12, 2022 IBRD-89380 Loan Disb 735,000.00
Jul 25, 2022 IBRD-89380 Loan Disb 610,050.00
Aug 18, 2022 IBRD-89380 Loan Disb 10,000,000.00
Apr 15, 2022 IBRD-89380 Int Charges 122,439.36
Apr 15, 2022 IBRD-89380 Int Charges 644,785.80
Apr 15, 2022 IBRD-89380 Int Charges 3,126.55
May 31, 2022 IBRD-89380 Loan Disb 750,000.00
Apr 15, 2022 IBRD-89380 Int Charges 13,610.89
Feb 22, 2022 IBRD-89380 Loan Disb 1,950,000.00
Dec 14, 2021 IBRD-89380 Loan Disb 1,550,000.00
Jul 15, 2022 IBRD-89380 Loan Disb 2,951,500.00
Jun 24, 2022 IBRD-89380 Loan Disb 960,000.00
Nov 29, 2021 IBRD-89380 Loan Disb 150,000.00
Nov 29, 2021 IBRD-89380 Loan Disb 125,500.00
Sep 27, 2021 IBRD-89380 Loan Disb 2,977,600.00
Aug 24, 2021 IBRD-89380 Loan Disb 344,400.00
Aug 24, 2021 IBRD-89380 Loan Disb 3,045,050.00
Sep 27, 2021 IBRD-89380 Loan Disb 301,000.00
Sep 27, 2021 IBRD-89380 Loan Disb 340,050.00
Oct 12, 2021 IBRD-89380 Loan Disb 250,050.00
Oct 12, 2021 IBRD-89380 Loan Disb 495,100.00
Aug 20, 2021 IBRD-89380 Loan Disb 695,500.00
Aug 20, 2021 IBRD-89380 Loan Disb 2,212,100.00
Aug 20, 2021 IBRD-89380 Loan Disb 574,200.00
Nov 10, 2021 IBRD-89380 Loan Disb 630,000.00
Oct 19, 2021 IBRD-89380 Loan Disb 100,000.00
Nov 4, 2022 IBRD-89380 Loan Disb 15,000.00
Apr 15, 2020 IBRD-89380 Int Charges 232.22
Apr 15, 2020 IBRD-89380 Int Charges 168,112.14
Apr 16, 2020 IBRD-89380 Loan Disb 2,967,033.00
Apr 29, 2020 IBRD-89380 Loan Disb 975,000.00
Jun 10, 2020 IBRD-89380 Loan Disb 1,080,000.00
Jun 3, 2020 IBRD-89380 Loan Disb 110,000.00
May 20, 2020 IBRD-89380 Loan Disb 508,150.00
Jun 22, 2020 IBRD-89380 Loan Disb 620,000.00
Jun 2, 2020 IBRD-89380 Loan Disb 75,000.00
May 28, 2020 IBRD-89380 Loan Disb 500,000.00
Jun 24, 2020 IBRD-89380 Loan Disb 730,000.00
Jun 30, 2020 IBRD-89380 Loan Disb 2,300,000.00
Feb 27, 2020 IBRD-89380 Loan Disb 115,000.00
Mar 26, 2020 IBRD-89380 Loan Disb 123,032.08
Mar 25, 2020 IBRD-89380 Loan Disb 335,000.00
Feb 24, 2020 IBRD-89380 Loan Disb 150,000.00
Jan 23, 2020 IBRD-89380 Loan Disb 50,000.00
Apr 1, 2020 IBRD-89380 Loan Disb 115,033.00
Apr 27, 2020 IBRD-89380 Int Charges 81,297.33
Apr 27, 2020 IBRD-89380 Int Charges 8,966.22
Jul 10, 2019 IBRD-89380 Loan Disb 500,000.00
Jul 10, 2019 IBRD-89380 Fee Charges 500,000.00
Aug 28, 2019 IBRD-89380 Loan Disb 50,000.00
Nov 13, 2019 IBRD-89380 Int Charges 143,622.48
Nov 13, 2019 IBRD-89380 Int Charges 5,025.14
Oct 15, 2019 IBRD-89380 Int Charges 30,001.48
Dec 21, 2020 IBRD-89380 Loan Disb 705,800.00
Dec 17, 2020 IBRD-89380 Loan Disb 416,000.00
Dec 29, 2020 IBRD-89380 Loan Disb 1,000,040.00
Aug 21, 2020 IBRD-89380 Loan Disb 970,000.00
Dec 18, 2020 IBRD-89380 Loan Disb 974,300.00
Mar 17, 2021 IBRD-89380 Loan Disb 3,200,000.00
Dec 16, 2020 IBRD-89380 Loan Disb 882,000.00
Nov 22, 2023 IBRD-89380 Loan Disb 40,000.00
Oct 15, 2023 IBRD-89380 Int Charges 166.41
Oct 15, 2023 IBRD-89380 Int Charges 3,640.12
Oct 15, 2023 IBRD-89380 Int Charges 74,452.71
Oct 31, 2023 IBRD-89380 Loan Disb 410,000.00
Mar 4, 2024 IBRD-89380 Loan Disb 100,000.00
May 7, 2024 IBRD-89380 Loan Disb 400,000.00
Aug 29, 2024 IBRD-89380 Loan Disb 100,000.00
Mar 19, 2024 IBRD-89380 Loan Disb 100,000.00
Apr 15, 2024 IBRD-89380 Int Charges 816.30
Apr 15, 2024 IBRD-89380 Int Charges 20,404.36
Apr 15, 2024 IBRD-89380 Int Charges 65,546.64
Apr 29, 2024 IBRD-89380 Loan Disb 200,000.00
Mar 29, 2024 IBRD-89380 Loan Disb 340,000.00
Mar 14, 2024 IBRD-89380 Loan Disb 121,800.00
Apr 15, 2024 IBRD-89380 Loan Repay 3,693,760.00
Apr 15, 2024 IBRD-89380 Int Charges 5,162,111.00
Aug 7, 2024 IBRD-89380 Loan Disb 940,000.00
Jun 3, 2024 IBRD-89380 Loan Disb 300,000.00
Jun 25, 2024 IBRD-89380 Loan Disb 80,000.00
Mar 21, 2019 IBRD-89380 Loan Commitment 200,000,000.00
Dec 5, 2022 IBRD-89380 Loan Disb 50,000.00
Dec 21, 2022 IBRD-89380 Loan Disb 140,000.00
Nov 18, 2022 IBRD-89380 Loan Disb 85,000.00
Feb 1, 2022 IBRD-89380 Loan Disb 816,100.00
Dec 28, 2021 IBRD-89380 Loan Disb 105,100.00
Dec 28, 2021 IBRD-89380 Loan Disb 1,500,000.00
Dec 28, 2021 IBRD-89380 Loan Disb 411,000.00
Dec 28, 2021 IBRD-89380 Loan Disb 455,000.00
Aug 2, 2022 IBRD-89380 Loan Disb 450,050.00
Dec 20, 2021 IBRD-89380 Loan Disb 106,500.00
Dec 23, 2021 IBRD-89380 Loan Disb 250,100.00
Jul 18, 2023 IBRD-89380 Loan Disb 153,600.00
Jul 26, 2023 IBRD-89380 Loan Disb 400,000.00
Mar 14, 2023 IBRD-89380 Loan Disb 100,000.00
Sep 21, 2023 IBRD-89380 Loan Disb 70,000.00
Jun 21, 2023 IBRD-89380 Loan Disb 10,000,000.00
May 26, 2023 IBRD-89380 Loan Disb 250,000.00
Jan 26, 2023 IBRD-89380 Loan Disb 34,550.00
Mar 1, 2023 IBRD-89380 Loan Disb 171,000.00
Apr 15, 2023 IBRD-89380 Int Charges 4,249.33
Apr 15, 2023 IBRD-89380 Int Charges 41,419.23
Apr 15, 2023 IBRD-89380 Int Charges 86,669.01
Apr 15, 2023 IBRD-89380 Int Charges 3,716,451.20
Feb 15, 2023 IBRD-89380 Loan Disb 30,000.00
Mar 7, 2023 IBRD-89380 Loan Disb 50,050.00
Dec 12, 2022 IBRD-89380 Loan Disb 2,760,000.00
Dec 12, 2022 IBRD-89380 Loan Disb 50,000.00
Mar 29, 2023 IBRD-89380 Loan Disb 250,000.00
Mar 30, 2023 IBRD-89380 Loan Disb 300,000.00
Jan 13, 2023 IBRD-89380 Loan Disb 759,000.00
Sep 12, 2022 IBRD-89380 Loan Disb 300,000.00
Nov 4, 2022 IBRD-89380 Loan Disb 1,755,000.00
Oct 15, 2023 IBRD-89380 Int Charges 4,560,131.50
Oct 19, 2023 IBRD-89380 Loan Disb 123,000.00
Jun 23, 2023 IBRD-89380 Loan Disb 50,000.00
Sep 27, 2023 IBRD-89380 Loan Disb 125,000.00
Aug 4, 2023 IBRD-89380 Loan Disb 179,200.00
Aug 24, 2023 IBRD-89380 Loan Disb 125,000.00
Aug 22, 2023 IBRD-89380 Loan Disb 2,000,000.00
Jul 20, 2023 IBRD-89380 Loan Disb 60,000.00
Jul 26, 2024 IBRD-89380 Loan Disb 100,000.00
Oct 12, 2023 IBRD-89380 Loan Disb 250,000.00
Dec 15, 2023 IBRD-89380 Loan Disb 350,000.00
Jan 12, 2024 IBRD-89380 Loan Disb 50,000.00
Dec 20, 2023 IBRD-89380 Loan Disb 80,000.00
Apr 15, 2021 IBRD-89380 Int Charges 1,946.70
May 7, 2021 IBRD-89380 Loan Disb 125,100.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-11-20
Project Management Moderately Satisfactory 2024-11-20
Financial Management Satisfactory 2024-11-20
Procurement Moderately Satisfactory 2024-11-20
Monitoring and Evaluation Moderately Satisfactory 2024-11-20
Overall Implementation Progress (IP) Moderately Satisfactory 2024-11-20

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of additional jobs generated by enterprises supported by the projectValue0.0018382.0020000.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Enterprise intensity indexValue100.00100.00110.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of additional jobs generated by enterprises supported under the project - femaleValue0.000.000.00
    Date
    Comment
  • Enterprise intensity index - Female-led enterprisesValue100.00100.000.00
    Date
    Comment
  • Number of jobs generated by enterprises supported by the project - YouthValue0.000.000.00
    Date
    Comment
  • Enterprise intensity index - led by youthValue100.00100.000.00
    Date
    Comment
  • Number of enterprises supported under the projectValue0.00501.002000.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of micro enterprises supported under the projectValue0.00501.00700.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of small enterprises supported under the projectValue0.00340.00700.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of enterprises - Female ledValue0.000.000.00
    Date
    Comment
  • Number of enterprises - YouthValue0.000.000.00
    Date
    Comment
  • Increase in total revenues of enterprises supported under the project, US$Value15.0015.0010.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Increase in revenues of micro enterprises supported under the projectValue0.000.000.00
    Date
    Comment
  • Increase in total revenues of small enterprises supported by the projectValue0.000.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of beneficiaries trainedValue0.005000.005000.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Share of complaints addressedValue0.00100.0070.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of formal clusters or supply chain contract arrangements in the project areaValue0.0079.0085.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of beneficiaries trained - FemaleValue0.000.000.00
    Date
    Comment
  • Volume of financing provided through participating financial institutionsValue0.00119605000.00166000000.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of beneficiaries trained - YouthValue0.000.000.00
    Date
    Comment
  • Number of rural business incubator hubs fully equipped and actively delivering services under the projectValue0.009.009.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Share of cluster sub-projects that leverage external financingValue0.0042.0070.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Volume of financing to micro enterprises provided through participating financial institutions under the projectValue0.000.000.00
    Date
    Comment
  • Number of market promotion events carried outValue0.0024.0040.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Volume of financing provided to small enterprises through partcipating financial institutionsValue0.000.000.00
    Date
    Comment
  • Number of new business startupsValue0.0065.00100.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of sub-loansValue0.00501.001200.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Number of sub-loans - FemaleValue0.000.000.00
    Date
    Comment
  • Number of new business start-ups supported under the project - FemaleValue0.000.000.00
    Date
    Comment
  • Number of sub-loans - YouthValue0.000.000.00
    Date
    Comment
  • Number of new start-ups supported by the project - YouthValue0.000.000.00
    Date
    Comment
  • Percentage of beneficiaries satisfied with services provided under the projectValue0.0075.0065.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Non performing LoansValue0.003.505.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment
  • Percentage of beneficiaries satisfied with services provided under the project - FemaleValue0.000.000.00
    Date
    Comment
  • Number of clusters receiving training/business development services under the projectValue0.0015.0020.00
    DateJuly 1, 2019September 26, 2023December 31, 2024
    Comment