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COMMUNITY DEVELOPMENT FUND

Abstract*

The Eritrea Community Development Fund Project (ECDF) will finance community-based sub-projects which in turn will: 1) support the rehabilitation and development of basic social and economic infrastructure critical to the improvement and development of the economic and social conditions of the population, especially in the remote and war devastated areas of Eritrea; and 2) improve the income-generating capacity of poor people and households. The sub-projects...

* 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

THIS PROJECT WILL FINANCE POOR RURAL COMMUNITIES BASIC SOCIALAND ECONOMIC INFRASTRUCTURE.

Key Details

Project Details

  • P039264

  • Closed

  • Marylou R. Bradley

  • N/A

  • Eritrea

  • May 19, 1995

  • (as of board presentation)

    February 29, 1996

  • June 24, 1996

  • US$ 37.60 million

  • B

  • Not Applicable

  • December 31, 2001

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 17.50
Bilateral Agencies (unidentified) 20.10

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 17.50
IBRD + IDA Commitment 17.50
Lending Instrument
Grant Amount 20.10
Total Project Cost** 49.70

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

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 29, 1996 IDA-28230 Loan Commitment 17,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-24-2002PROJECT PERFORMANCE ASSESSMENT REPORT: 09-03-2002
Outcome RatingSatisfactory Satisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceSatisfactorySatisfactory
Borrower PerformanceSatisfactorySatisfactory
Government PerformanceSatisfactorySatisfactory
Implementing AgencyNot RatedSatisfactory
Icr QualityNot RatedSatisfactory
M&e QualityNot RatedNot Rated

Results Framework

No data available.