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Poverty Alleviation Fund Project

Abstract*

The Poverty Alleviation Fund Project's development objective is to support Nepal in implementing a new, targeted instrument - the Poverty Alleviation Fund (PAF) - for reaching poor and excluded communities. It aims to improve access to income-generation projects and community infrastructure for the groups that have tended to be excluded by reasons of gender, ethnicity and caste, as well as for the poorest groups in rural communities. There are five...

* 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

An instrument, PAF, that is effective in reaching poor and excluded communities.

Key Details

Project Details

  • P081968

  • Closed

  • Geeta Sethi

  • N/A

  • Nepal

  • October 22, 2003

  • (as of board presentation)

    June 1, 2004

  • December 13, 2004

  • US$ 16.60 million

  • N/A

  • South Asia

  • 2004

  • US$ 15.00 million

  • B

  • Not Applicable

  • February 1, 2009

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA GRANT FOR POOREST COUNTRY 15.00
Borrower/Recipient 0.20
Local Communities 1.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 15.00
IBRD + IDA Commitment 15.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 16.60

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$)
Nov 14, 2006 IDA-H2580 Loan Commitment 25,000,000.00
Jun 1, 2004 IDA-H0910 Loan Commitment 15,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2008-12-25
Progress towards achievement of PDO Satisfactory 2008-12-25
Procurement Satisfactory 2008-12-25
Counterpart Funding Satisfactory 2008-12-25
Project Management Satisfactory 2008-12-25
Financial Management Moderately Satisfactory 2008-12-25
Monitoring and Evaluation Satisfactory 2008-12-25
Overall Implementation Progress (IP) Satisfactory 2008-12-25

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 11-17-2009
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-03-2017PROJECT PERFORMANCE ASSESSMENT REPORT: 12-07-2011
Outcome RatingSatisfactory Moderately Satisfactory
Risk To Development OutcomeModerateModerate
Bank PerformanceModerately SatisfactoryModerately Unsatisfactory
Borrower PerformanceSatisfactorySatisfactory
Government PerformanceNot RatedSatisfactory
Implementing AgencyNot RatedSatisfactory
Icr QualityNot RatedSatisfactory
M&e QualityModestModest

Results Framework

No data available.