Project to Support a Rural Economic Development Program

Abstract*

The Project to Support the Rural Economic Development Program for Guatemala aims for strong indigenous involvement to improve the competitiveness of rural productive supply chains and strengthen the institutional capacity of public entities to adopt a territorial management model. The Project has three components: (1) it improves income, it invests in productive supply chains -- market access, technical assistance, seed capital, financial services... Show More

Development Objective

The Project Development Objectives (PDO) are (i) to improve the competitiveness of rural productive supply chains with strong indigenous participation; and (ii) to strengthen the institutional capacity of the public entities participating in the program through the adoption of a territorial management model with indigenous participation.

Key Details

Project Details

Project ID
P094321
Status
Closed
Team Leader
Svetlana Edmeades
Borrower 2
Ministry of Finance

Country
Guatemala
Disclosure Date
July 28, 2005
Approval Date
(as of board presentation)
March 29, 2006
Effective Date
March 6, 2007

Total Project Cost 1
US$ 60.00 million
Implementing Agency
Telephony Development Fund (FONDETEL),National Peace Fund (FONAPAZ),Presidential Secretariat for Planning and Programming (SEGEPLAN),MINISTRY OF THE ECONOMY (MINECO),Social Investment Fund (FIS)
Region
Latin America and Caribbean
Fiscal Year 3
2006

Commitment Amount
US$ 60.00 million
Environmental Category
B
Last Update Date
February 17, 2015
Closing Date
December 31, 2014

Last Stage Reached
BANK APPROVED

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 - Finance for Development7%
- FY17 - Agriculture Finance7%

FY17 - Private Sector Development

FY17 - Business Enabling Environment14%
- FY17 - Investment and Business Climate14%
FY17 - Enterprise Development14%
- FY17 - MSME Development14%
FY17 - Public Private Partnerships10%

FY17 - Social Development and Protection

FY17 - Social Inclusion28%
- FY17 - Indigenous People and Ethnic Minorities28%

FY17 - Urban and Rural Development

FY17 - Rural Development36%
- FY17 - Rural Infrastructure and service delivery28%
- FY17 - Rural Markets7%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Inter-American Development Bank	30.00
International Bank for Reconstruction and Development	30.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	30.00
IDA Commitment	N/A
IBRD + IDA Commitment	30.00

Lending Instrument
Grant Amount	30.00
Total Project Cost**	60.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 15, 2023	IBRD-73740	Loan Repay	1,301,616.10
May 15, 2023	IBRD-73740	Int Charges	22,069.76
May 15, 2023	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2022	IBRD-73740	Int Charges	33,205.92
Nov 15, 2022	IBRD-73740	Loan Repay	1,325,736.10
Oct 4, 2013	IBRD-73740	Loan Disb	800,000.00
Nov 26, 2013	IBRD-73740	Loan Disb	1,353,697.40
Dec 17, 2014	IBRD-73740	Loan Disb	500,000.00
Jul 26, 2013	IBRD-73740	Loan Disb	334,000.00
Aug 19, 2013	IBRD-73740	Loan Disb	970,370.30
Nov 15, 2014	IBRD-73740	Int Charges	985.31
Nov 15, 2014	IBRD-73740	Int Charges	45,582.42
Nov 15, 2014	IBRD-73740	Loan Repay	1,321,313.40
Nov 19, 2014	IBRD-73740	Loan Disb	211,513.00
Jun 25, 2014	IBRD-73740	Loan Disb	609,890.90
May 15, 2014	IBRD-73740	Int Charges	2,072.18
May 15, 2014	IBRD-73740	Int Charges	43,679.21
May 15, 2014	IBRD-73740	Loan Repay	1,084,599.80
Apr 7, 2014	IBRD-73740	Loan Disb	2,276,710.20
Nov 15, 2013	IBRD-73740	Loan Repay	821,996.70
Nov 15, 2013	IBRD-73740	Int Charges	528.05
Nov 15, 2013	IBRD-73740	Int Charges	40,264.32
Feb 14, 2014	IBRD-73740	Loan Disb	800,000.00
Sep 23, 2013	IBRD-73740	Loan Disb	2,298,364.50
Nov 15, 2015	IBRD-73740	Int Charges	53,685.63
Nov 15, 2015	IBRD-73740	Loan Repay	1,337,446.50
Jul 20, 2015	IBRD-73740	Loan Disb	-397,832.70
May 15, 2015	IBRD-73740	Int Charges	46,575.31
May 15, 2015	IBRD-73740	Loan Repay	1,360,873.50
Aug 27, 2014	IBRD-73740	Loan Disb	-126,116.78
Aug 20, 2014	IBRD-73740	Loan Disb	1,731,193.80
Apr 21, 2016	IBRD-73740	Loan Disb	-100,673.63
Apr 21, 2016	IBRD-73740	Loan Disb	100,673.63
Apr 21, 2016	IBRD-73740	Loan Disb	-100,673.63
Nov 15, 2015	IBRD-73740	Loan Disb	-21,295,052.00
Nov 15, 2015	IBRD-73740	Loan Disb	21,295,052.00
Sep 28, 2015	IBRD-73740	Loan Disb	-79,760.23
Sep 28, 2015	IBRD-73740	Loan Cancel	1,408,267.90
May 15, 2017	IBRD-73740	Int Charges	155,703.95
May 15, 2017	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2016	IBRD-73740	Int Charges	112.76
Nov 15, 2016	IBRD-73740	Int Charges	166,727.40
Nov 15, 2016	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2016	IBRD-73740	Int Charges	48.93
May 15, 2016	IBRD-73740	Int Charges	178,716.75
May 15, 2016	IBRD-73740	Loan Repay	1,332,455.90
Apr 21, 2016	IBRD-73740	Loan Cancel	100,673.63
May 15, 2019	IBRD-73740	Int Charges	111,159.24
May 15, 2019	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2018	IBRD-73740	Int Charges	122,295.42
Nov 15, 2018	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2018	IBRD-73740	Int Charges	133,431.60
May 15, 2018	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2017	IBRD-73740	Int Charges	144,567.78
Nov 15, 2017	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2021	IBRD-73740	Int Charges	66,614.52
May 15, 2021	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2020	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2020	IBRD-73740	Int Charges	88,886.86
Nov 15, 2019	IBRD-73740	Int Charges	100,023.06
Nov 15, 2019	IBRD-73740	Loan Repay	1,325,736.10
May 15, 2022	IBRD-73740	Int Charges	44,342.10
May 15, 2022	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2021	IBRD-73740	Int Charges	55,478.30
Nov 15, 2021	IBRD-73740	Loan Repay	1,325,736.10
Nov 15, 2020	IBRD-73740	Int Charges	77,750.68
Nov 15, 2020	IBRD-73740	Loan Repay	1,325,736.10
Mar 29, 2006	IBRD-73740	Loan Commitment	30,000,000.00
Nov 15, 2023	IBRD-73740	Int Charges	10,933.56

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Moderately Satisfactory	2014-11-30
Progress towards achievement of PDO	Moderately Satisfactory	2014-11-30
Procurement	Moderately Satisfactory	2014-11-30
Financial Management	Moderately Satisfactory	2014-11-30
Counterpart Funding	Moderately Satisfactory	2014-11-30
Monitoring and Evaluation	Satisfactory	2014-11-30
Overall Implementation Progress (IP)	Moderately Satisfactory	2014-11-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2015
Outcomes
Risk to Development Outcome	Unsatisfactory
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-23-2016	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Unsatisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Increase of total sales of the rural productive supply chain partnerships with US$35 million during the project period (revised indicator)	Value	0	US$15.4 million	US$35 million
	Date	October 1, 2009	November 10, 2014	July 31, 2014
	Comment		Reflects sales from 189 sub-projects; only sub-projects were considered (and not plans for capacity strengthening)	This target was revised down to US$35 million (from US$50 million) through restructuring in March 2013

At least 25% of municipal projects stem from the participatory planning process (revised indicator)	Value	0.00	35.00	25.00
	Date	September 28, 2010	November 10, 2014	July 31, 2014
	Comment		This indicator has consistently exceeded the original target value of 5%, which was increased to 25%	This target was revised up to 25% (from 5%) through restructuring in March 2013

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

At least 80% of the technical assistance provided to producer organizations is done so in the prevailing language of the participating producer organization (revised indicator)	Value	0.00	80.00	80.00
	Date	September 28, 2010	November 10, 2014	July 31, 2014
	Comment			Target has been achieved;revised through restructuring in March 2013

All financed projects have an environmental management tool developed according to the norms of he Ministry of Environment and Natural Resources, before their implementation (revised indicator)	Value	0.00	100.00	100.00
	Date	September 28, 2010	November 10, 2014	July 31, 2014
	Comment		all sub-projects have an env. management tool	Target has been achieved;revised through restructuring in March 2013

Sub-project implementation complies with at least 70% of environmental mitigation measures as defined in the business plan (revisedindicator)	Value	0.00	72.00	100.00
	Date	September 28, 2010	November 10, 2014	July 31, 2014
	Comment		137 sub-projects complies with 70 to 100% of the mitigation measures (representing 72% of all sub-projects); the rest apply somemitigation measure, but there is no clear progress measure	revised through restructuring in March 2013

100% of the beneficiaries of the improvement in rural roads have access during the whole year to critical markets (revised indicators)	Value	0.00	100.00	100.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		Public access for completed bridges	Target has been achieved; Revised through restructuring in March 2013

100% of the productive infrastruture approved by the Investment Coordination Committee (ICC) is implemented according to timing expected in the contract (revised indicator)	Value	0.00	82.00	100.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		this indicator related to productive infrastructure and not bridges; hence, it captures all sub-projects that include productiveinfrastructure (33); of the 33 with contract, 27 were implemented on time, according to contract	Target was revised up to 100% from 90% through restructuring in March 2013

100% of infrastructure investments have a maintenance plan signed by the beneficiaries (revised indicator)	Value	0.00	100.00	100.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		Notifications of receipt of those plans are in the project archives	TTarget has been achieved; Revised through restructuring in March 2013

90% of all municipalities covered by the project have a territorial management plan (revised indicator)	Value	0.00	98.00	90.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		90% corresponds to 300; now these exist for 328 municipalities, which is equivalent to 98%	Target has been achieved and exceeded. Revised through restructuring in March 2013

The decentralized strategic territorial information management system is operational in 3 departments, and provides service coverage to the remaining departments (revised indicator)	Value	0.00	8.00	3.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		Operational in 8 departments	Target has been achieved and surpassed. Revised through restructuring in March 2013

At least 25% of project ideas identified in the Municipal Development Plans have budget in the POAs of local governments (revised indicator)	Value	0.00	35.00	25.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment			Target has been achieved and surpassed. Revised through restructuring in March 2013

Preparation of half-yearly project monitoring reports within 45 days of the end of each semester and a coordinated annual project plan at least 3 months prior to the beginning of the fiscal year	Value	0.00	10.00	10.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		2 per year	Target has been achieved. Revised through restructuring in March 2013

At least 33% of departments covered by the project have departmental development plans (revised indicator)	Value	0.00	94.00	33.00
	Date		November 10, 2014	July 31, 2014
	Comment		33% corresponds to 7 DDPs; now these exist for 20 DDPs, which is equivalent to 94%	Target has been achieved and exceeded. Revised through restructuring in March 2013

At least 200 new productive supply chain partnerships reaching at least 30,000 project beneficiaries are operating (revised indicator)	Value	0.00	189.00	200.00
	Date	November 26, 2007	November 10, 2014	July 31, 2014
	Comment		13 have been canceled;Direct beneficiaries (17,990) + indirect beneficiaries (89,950) = 107,940 beneficiaries from productivepartnershipsThere are additional 11,316 direct and indirect beneficiaries from business strengthening activities under the project	Original target of 300 partnerships was revised down to 200; Number of beneficiaries was also revised down from 45,000 to 30,000,where at least 12,000 are direct and 18,000 are indirect beneficiaries; revised through restructuring in March 2013

80% of project beneficiaries are indigenous (original indicator) Value 0.00 90.00 80.00
Date November 26, 2007 November 10, 2014 July 31, 2014
Comment Target has been surpassed.