Financial Services for the Poorest

Abstract*

Within the framework of the Country Assistance Strategy to substantially reduce poverty in Bangladesh, the Financial Services for the Poorest Project will contribute to this goal, by offering opportunities to targeted groups, by developing skills, and improving income generation and asset accumulation. To this end, the project components will: 1) finance the revolving fund, to be used by the partner organizations (POs) of the Palli Karma-Sahayak Foundation... Show More

Development Objective

The objective of the LIL is to find models of sustainable interventions for reducing the number of the poorest through use of microcredit and other financ ial services to enhance their incomes and livelihood.

Key Details

Project Details

Project ID
P074731
Status
Closed
Team Leader
Kiatchai Sophastienphong
Borrower 2
N/A

Country
Bangladesh
Disclosure Date
February 20, 2002
Approval Date
(as of board presentation)
June 19, 2002
Effective Date
August 21, 2002

Total Project Cost 1
US$ 6.00 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2002

Commitment Amount
US$ 5.00 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2007

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access75%
- FY17 - Credit Infrastructure50%
- FY17 - MSME Finance25%

FY17 - Private Sector Development

FY17 - Enterprise Development25%
- FY17 - MSME Development25%
FY17 - Jobs100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	1.00
IDA Credit	5.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	5.00
IBRD + IDA Commitment	5.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	6.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jun 15, 2014	IDA-36810	Int Charges	21,388.46
Jun 15, 2014	IDA-36810	Loan Repay	58,710.27
Dec 15, 2014	IDA-36810	Loan Repay	55,369.80
Jun 15, 2014	IDA-36810	Int Charges	415.09
Dec 15, 2015	IDA-36810	Loan Repay	714.25
Dec 15, 2015	IDA-36810	Int Charges	18,765.52
Dec 15, 2015	IDA-36810	Int Charges	18,765.52
Dec 15, 2015	IDA-36810	Int Charges	1,634.34
Dec 15, 2015	IDA-36810	Int Charges	1,634.34
Dec 15, 2015	IDA-36810	Loan Repay	52,521.26
Jun 15, 2015	IDA-36810	Loan Repay	1,192.11
Jun 15, 2015	IDA-36810	Loan Repay	52,447.11
Jun 15, 2015	IDA-36810	Int Charges	17,462.24
Jun 15, 2015	IDA-36810	Int Charges	17,462.24
Jun 15, 2016	IDA-36810	Loan Repay	1,272.66
Jun 15, 2016	IDA-36810	Loan Repay	52,435.69
Jun 15, 2016	IDA-36810	Int Charges	18,698.82
Jun 15, 2016	IDA-36810	Int Charges	18,698.82
Dec 15, 2016	IDA-36810	Int Charges	30.44
Dec 15, 2016	IDA-36810	Int Charges	30.44
Dec 15, 2016	IDA-36810	Loan Repay	18,166.97
Dec 15, 2016	IDA-36810	Loan Repay	33,004.17
Dec 15, 2016	IDA-36810	Int Charges	17,654.04
Dec 15, 2016	IDA-36810	Int Charges	17,654.04
Jun 15, 2017	IDA-36810	Loan Repay	1,997.14
Jun 15, 2017	IDA-36810	Loan Repay	50,794.18
Jun 15, 2017	IDA-36810	Int Charges	16,805.56
Jun 15, 2017	IDA-36810	Int Charges	16,805.56
Dec 15, 2017	IDA-36810	Int Charges	1,237.36
Dec 15, 2017	IDA-36810	Int Charges	1,237.36
Dec 15, 2017	IDA-36810	Loan Repay	54,008.17
Dec 15, 2017	IDA-36810	Int Charges	18,227.71
Dec 15, 2017	IDA-36810	Int Charges	18,227.71
Dec 15, 2018	IDA-36810	Int Charges	17,380.65
Dec 15, 2018	IDA-36810	Int Charges	17,380.65
Dec 15, 2018	IDA-36810	Loan Repay	2,209.31
Dec 15, 2018	IDA-36810	Loan Repay	50,459.41
Jun 15, 2018	IDA-36810	Loan Repay	36.88
Jun 15, 2018	IDA-36810	Loan Repay	53,856.32
Jun 15, 2018	IDA-36810	Int Charges	17,986.82
Jun 15, 2018	IDA-36810	Int Charges	17,986.82
Jun 15, 2019	IDA-36810	Loan Repay	958.04
Jun 15, 2019	IDA-36810	Loan Repay	51,876.44
Jun 15, 2019	IDA-36810	Int Charges	17,237.23
Jun 15, 2019	IDA-36810	Int Charges	17,237.23
Jun 15, 2020	IDA-36810	Int Charges	672.52
Jun 15, 2020	IDA-36810	Int Charges	672.52
Jun 15, 2020	IDA-36810	Loan Repay	52,682.47
Jun 15, 2020	IDA-36810	Int Charges	16,144.63
Jun 15, 2020	IDA-36810	Int Charges	16,144.63
Dec 15, 2019	IDA-36810	Loan Repay	363.70
Dec 15, 2020	IDA-36810	Int Charges	15,958.99
Jun 15, 2023	IDA-36810	Int Charges	4,784.58
Jun 15, 2023	IDA-36810	Int Charges	4,784.58
Jun 15, 2023	IDA-36810	Loan Repay	101,948.88
Jun 15, 2023	IDA-36810	Int Charges	14,910.03
Jun 15, 2023	IDA-36810	Int Charges	14,910.03
Dec 15, 2022	IDA-36810	Loan Repay	1,721.92
Dec 15, 2022	IDA-36810	Loan Repay	99,935.15
Dec 15, 2022	IDA-36810	Int Charges	10,477.67
Dec 15, 2022	IDA-36810	Int Charges	10,477.67
Dec 15, 2021	IDA-36810	Loan Repay	16,587.68
Dec 15, 2021	IDA-36810	Loan Repay	36,751.33
Dec 15, 2021	IDA-36810	Int Charges	16,401.78
Dec 15, 2021	IDA-36810	Int Charges	16,401.78
Dec 15, 2021	IDA-36810	Int Charges	523.26
Dec 15, 2021	IDA-36810	Int Charges	523.26
Jun 19, 2002	IDA-36810	Loan Commitment	5,000,000.00
Jun 15, 2024	IDA-36810	Int Charges	13,853.89
Jun 15, 2024	IDA-36810	Int Charges	2,647.56
Jun 15, 2024	IDA-36810	Int Charges	2,647.56
Jun 15, 2024	IDA-36810	Loan Repay	100,649.53
Jun 15, 2024	IDA-36810	Int Charges	13,853.89
Dec 15, 2023	IDA-36810	Int Charges	11,900.65
Dec 15, 2023	IDA-36810	Int Charges	11,900.65
Dec 15, 2023	IDA-36810	Loan Repay	1,819.22
Dec 15, 2023	IDA-36810	Loan Repay	100,600.20
Dec 15, 2013	IDA-36810	Int Charges	21,171.15
Dec 15, 2013	IDA-36810	Int Charges	21,171.15
Dec 15, 2013	IDA-36810	Loan Repay	58,736.93
Dec 15, 2013	IDA-36810	Int Charges	908.77
Dec 15, 2013	IDA-36810	Int Charges	908.77
Jun 15, 2014	IDA-36810	Int Charges	415.09
Dec 15, 2014	IDA-36810	Loan Repay	446.07
Dec 15, 2014	IDA-36810	Int Charges	0.01
Dec 15, 2014	IDA-36810	Int Charges	0.01
Dec 15, 2014	IDA-36810	Int Charges	20,093.70
Dec 15, 2014	IDA-36810	Int Charges	20,093.70
Jun 15, 2014	IDA-36810	Loan Repay	89.68
Jun 15, 2014	IDA-36810	Int Charges	21,388.46
Dec 15, 2019	IDA-36810	Loan Repay	52,499.81
Dec 15, 2019	IDA-36810	Int Charges	16,373.65
Dec 15, 2019	IDA-36810	Int Charges	16,373.65
Jun 15, 2022	IDA-36810	Loan Repay	771.80
Jun 15, 2022	IDA-36810	Loan Repay	50,095.32
Jun 15, 2022	IDA-36810	Int Charges	15,450.92
Jun 15, 2022	IDA-36810	Int Charges	15,450.92
Jun 15, 2021	IDA-36810	Int Charges	1,342.49
Jun 15, 2021	IDA-36810	Loan Repay	16,973.04
Jun 15, 2021	IDA-36810	Int Charges	16,569.34
Jun 15, 2021	IDA-36810	Loan Repay	37,994.17
Jun 15, 2021	IDA-36810	Int Charges	16,569.34
Jun 15, 2021	IDA-36810	Int Charges	1,342.49
Dec 15, 2020	IDA-36810	Int Charges	675.45
Dec 15, 2020	IDA-36810	Int Charges	675.45
Dec 15, 2020	IDA-36810	Loan Repay	54,921.76
Dec 15, 2020	IDA-36810	Int Charges	15,958.99

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2007-12-13
Progress towards achievement of PDO	Satisfactory	2007-12-13
Procurement	Satisfactory	2007-12-13
Counterpart Funding	Highly Satisfactory	2007-12-13
Project Management	Satisfactory	2007-12-13
Financial Management	Satisfactory	2007-12-13
Monitoring and Evaluation	Satisfactory	2007-12-13

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-19-2008
Outcomes	Highly Satisfactory
Risk to Development Outcome	Negligible
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Highly Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 09-18-2008	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Negligible To Low	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework