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MINDANAO RURAL DEVELOPMENT PROJECT

Abstract*

The Mindanao Rural Development Project aims to increase the income and improve food security of targeted agricultural and fishermen communities in the Philippines, thus restoring economic growth through poverty reduction and equity improvement. The main components are: rehabilitation of rural roads and farm-to-market access roads, ensuring that provincial roads meet essential criteria and link to existing all-weather roads. Communal irrigation will...

* 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

The project aims to increase incomes and improve food security of targeted agricultural and fisherfolk communities in around 32 municipalities in five provinces and to conserve coastal and marine biodiversity in two provinces of Mindanao. APL1 aims to respond to community priorities for rural infrastructure and test community-based systems for supporting rural development as well as approaches for improving local government unit (LGU) capability for agricultural development planning and implementation, in partnership with concerned national agencies.

Key Details

Project Details

  • P058842

  • Closed

  • Carolina V. Figueroa-Geron

  • N/A

  • Philippines

  • August 17, 1998

  • (as of board presentation)

    December 2, 1999

  • March 13, 2000

  • US$ 27.50 million

  • B

  • N/A

  • December 31, 2005

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 27.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 27.50
IDA Commitment N/A
IBRD + IDA Commitment 27.50
Lending Instrument
Grant Amount N/A
Total Project Cost** 39.37

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$)
Dec 15, 2013 IBRD-45220 Int Charges 35,918.68
Dec 15, 2013 IBRD-45220 Loan Repay 691,100.00
Jun 15, 2014 IBRD-45220 Int Charges 30,378.59
Jun 15, 2014 IBRD-45220 Loan Repay 709,300.00
Dec 15, 2014 IBRD-45220 Int Charges 27,436.06
Dec 15, 2014 IBRD-45220 Loan Repay 731,000.00
Dec 15, 2015 IBRD-45220 Int Charges 30,218.67
Dec 15, 2015 IBRD-45220 Loan Repay 774,400.00
Jun 15, 2015 IBRD-45220 Int Charges 27,310.15
Jun 15, 2015 IBRD-45220 Loan Repay 752,700.00
Jun 15, 2017 IBRD-45220 Loan Repay 843,200.00
Dec 15, 2016 IBRD-45220 Int Charges 41,311.41
Dec 15, 2016 IBRD-45220 Loan Repay 817,800.00
Jun 15, 2016 IBRD-45220 Int Charges 39,049.11
Jun 15, 2016 IBRD-45220 Loan Repay 796,100.00
Jun 15, 2018 IBRD-45220 Int Charges 41,624.35
Jun 15, 2018 IBRD-45220 Loan Repay 890,200.00
Dec 15, 2017 IBRD-45220 Int Charges 43,402.38
Dec 15, 2017 IBRD-45220 Loan Repay 864,900.00
Jun 15, 2017 IBRD-45220 Int Charges 46,698.88
Dec 15, 2019 IBRD-45220 Int Charges 13,982.97
Dec 15, 2019 IBRD-45220 Loan Repay 978,915.06
Jun 15, 2019 IBRD-45220 Int Charges 32,803.68
Jun 15, 2019 IBRD-45220 Loan Repay 940,800.00
Dec 15, 2018 IBRD-45220 Int Charges 42,662.04
Dec 15, 2018 IBRD-45220 Loan Repay 915,600.00
Dec 2, 1999 IBRD-45220 Loan Commitment 27,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2006-03-08
Project Management Satisfactory 2006-03-08
Financial Management Satisfactory 2006-03-08
Monitoring and Evaluation Satisfactory 2006-03-08
Counterpart Funding Satisfactory 2006-03-08
Overall Implementation Progress (IP) Satisfactory 2006-03-08
Procurement Satisfactory 2006-03-08
Overall Safeguards Rating Satisfactory 2006-03-08

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 09-16-2005PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.