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SME Financing and Development Project: Additional Financing

Development Objective

The objective of this project is to improve SME access to finance (particularly longer term financing) and business development services, thereby fostering SME growth, competitiveness and employment creation, which are key to achieving GoI's overall objectives of economic growth and poverty reduction. The project is designed to achieve its objective through a multi-pronged approach that will that will address key bottlenecks to SME financing and development in India, by focusing on: (a) creating a more enabling policy, regulatory and institutional framework for SME financing by banks (the primary target group for this project); (b) helping banks gain better access to longer term financing for lending to the SME sector, thereby facilitating capital formation and technology up-grading; (c) mitigating banks' risks related to SME lending and reducing transactions costs of such lending while, at the same time, ensuring that banks enhance the quality of their SME loan portfolios; and (d) strengthening business development services and market linkage programs for SMEs (the secondary target group), thereby helping SMEs to improve profitability and competitiveness, and become more creditworthy.

Key Details

Project Details

  • P102767

  • Closed

  • Niraj Verma

  • N/A

  • India

  • March 10, 2009

  • (as of board presentation)

    April 30, 2009

  • N/A

  • US$ 440.00 million

  • N/A

  • South Asia

  • 2009

  • US$ 400.00 million

  • F

  • Not Applicable

  • June 30, 2013

  • BANK APPROVED

  • P086518

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 400.00
Borrower/Recipient 40.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 400.00
IDA Commitment N/A
IBRD + IDA Commitment 400.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 440.00

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

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.