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Madagascar Microfinance Project - Additional Financing

Development Objective

The stated objectives of the project are to increase financial services to low-income populations who do not have access to commercial bank finance by encouraging the government to adopt a policy framework that is appropriate for microfinance institutions (MFIs) and to build the capacity of MFIs, increasing their outreach and sustainability. This first phase of a 15-year Adaptable Program Loan (APL)microfinance program will support achievement of these objectives through the implementation of four components:1. Development of an appropriate legal/regulatory and supervisory framework for microfinance institutions;2. Establishment of MFIs and in particular savings and loan associations (SLAs) in four of Madagascar's six provinces (Antananarivo, Antsiranana, Fianarantsoa, and Toamasina). If studies confirm their viability, programs will be started in the two remaining provinces (Mahajanga and Toliary).3. Design and testing of a pilot national training program;4. Undertaking of studies related to microfinance to expand knowledge in the field.

Key Details

Project Details

  • P104883

  • Closed

  • Korotoumou Ouattara

  • N/A

  • Madagascar

  • (as of board presentation)

    April 10, 2007

  • US$ 5.00 million

  • N/A

  • January 15, 2013

  • N/A

  • BANK APPROVED

  • P052186

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
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** 5.00

Summary Status of World Bank Financing (US$ Millions) as of December 31, 2024

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of December 31, 2024

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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.