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RURAL CREDIT II

Abstract*

The project's central objective is to continue the rehabilitation and strengthening of the network of rural savings and loan cooperatives initiated under the First Rural Savings and Loan (S&L) Rehabilitation Project (IDA Credit 2086-BEN). The project supports the development of a privately-owned financial intermediation system in rural areas, organized along mutualist lines. Globally, it is expected that the Network reaches full financial viability...

* 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

EXPORT DEVELOPMENT OF MUTUALIST SAVINGS AND LOAN INSTITUTIONS.

Key Details

Project Details

  • P000120

  • Closed

  • Michel Y. D. Aklamavo

  • N/A

  • Benin

  • June 29, 1993

  • (as of board presentation)

    June 29, 1993

  • December 20, 1994

  • US$ 10.00 million

  • C

  • Not Applicable

  • December 31, 2000

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
FRANCE: FUND FOR AID AND COOP. 0.90
SWITZERLAND: Swiss Agency for Dev. & Coop. (SDC) 1.90
EC: NON-ASSOCIATED COUNTRY PROGRAM 0.20
FRANCE: French Agency for Development 2.80
IDA Credit 3.80
International Fund for Agriculture Development 0.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 3.80
IBRD + IDA Commitment 3.80
Lending Instrument
Grant Amount 6.20
Total Project Cost** 15.10

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 29, 1993 IDA-25290 Loan Commitment 3,800,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-13-2001PROJECT PERFORMANCE ASSESSMENT REPORT: 06-20-2003
Outcome RatingSatisfactory Unsatisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceSatisfactoryUnsatisfactory
Borrower PerformanceSatisfactoryUnsatisfactory
Government PerformanceNot RatedNot Rated
Implementing AgencySatisfactoryNot Rated
Icr QualitySatisfactoryNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.