Guinea - MSME Development Project

Abstract*

The objective of Micro, Small and Medium Enterprises (MSME) Development Project for Guinea is support the development of MSMEs in various value chains and to improve selected processes of Guinea's investment climate. For the purposes of this project, investment climate reform comprises inter alia processes of firm's registration, investment promotion, Public-Private Dialogue (PPD), and banking infrastructure systems. The project will include three... Show More

Development Objective

The Project Development Objective (PDO) is to support the development of MSMEs in various value chains and to improve selected processes of Guinea's investment climate

Key Details

Project Details

Project ID
P128443
Status
Closed
Team Leader
Mohamadou S Hayatou , Mariama Cire Sylla
Borrower 2
Ministry of Industry, SME and Private Sector Promotion

Country
Guinea
Disclosure Date
February 26, 2013
Approval Date
(as of board presentation)
June 28, 2013
Effective Date
December 6, 2013

Total Project Cost 1
US$ 10.00 million
Implementing Agency
Ministry of Industry -- PIU PAPME
Region
Western and Central Africa
Fiscal Year 3
2013

Commitment Amount
US$ 10.00 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2017

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
July 13, 2023

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 Access23%
- FY17 - MSME Finance23%

FY17 - Private Sector Development

FY17 - Business Enabling Environment42%
- FY17 - Investment and Business Climate28%
- FY17 - Regulation and Competition Policy13%
FY17 - Enterprise Development23%
- FY17 - MSME Development23%

FY17 - Public Sector Management

FY17 - Rule of Law13%
- FY17 - Legal Institutions for a Market Economy13%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	10.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	10.00
IBRD + IDA Commitment	10.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	10.00

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$)
Feb 22, 2018	IDA-H8670	Loan Disb	60,923.84
Feb 22, 2018	IDA-H8670	Loan Disb	73,729.25
Feb 2, 2018	IDA-H8670	Loan Disb	371,000.00
Mar 14, 2018	IDA-H8670	Loan Disb	393,488.00
Feb 23, 2018	IDA-H8670	Loan Disb	67,282.29
Feb 23, 2018	IDA-H8670	Loan Disb	62,326.87
Feb 26, 2018	IDA-H8670	Loan Disb	67,305.56
Apr 25, 2018	IDA-H8670	Loan Disb	-822.26
May 4, 2018	IDA-H8670	Loan Cancel	4,869.88
Apr 4, 2016	IDA-H8670	Loan Disb	161,284.78
Apr 4, 2016	IDA-H8670	Loan Disb	80,814.03
Apr 14, 2016	IDA-H8670	Loan Disb	30,137.39
Dec 30, 2016	IDA-H8670	Loan Disb	121,599.70
May 24, 2016	IDA-H8670	Loan Disb	268,977.80
Sep 26, 2016	IDA-H8670	Loan Disb	123,570.10
Sep 26, 2016	IDA-H8670	Loan Disb	68,471.45
May 16, 2016	IDA-H8670	Loan Disb	148,385.56
Feb 14, 2017	IDA-H8670	Loan Disb	56,059.20
Jul 11, 2016	IDA-H8670	Loan Disb	202,086.81
Jan 17, 2017	IDA-H8670	Loan Disb	188,271.70
Nov 9, 2016	IDA-H8670	Loan Disb	482,307.28
Mar 6, 2017	IDA-H8670	Loan Disb	118,176.70
Mar 16, 2017	IDA-H8670	Loan Disb	244,774.00
Apr 13, 2017	IDA-H8670	Loan Disb	162,837.30
Jun 12, 2017	IDA-H8670	Loan Disb	307,133.60
Jun 5, 2017	IDA-H8670	Loan Disb	201,549.98
Jun 21, 2017	IDA-H8670	Loan Disb	234,555.70
Mar 1, 2017	IDA-H8670	Loan Disb	245,051.81
May 22, 2017	IDA-H8670	Loan Disb	131,283.19
Oct 25, 2017	IDA-H8670	Loan Disb	146,989.90
Nov 28, 2017	IDA-H8670	Loan Disb	169,280.20
Nov 10, 2017	IDA-H8670	Loan Disb	57,946.99
Sep 13, 2017	IDA-H8670	Loan Disb	407,931.38
Sep 28, 2017	IDA-H8670	Loan Disb	153,386.40
Nov 29, 2017	IDA-H8670	Loan Disb	160,119.81
Jul 17, 2017	IDA-H8670	Loan Disb	54,990.85
Aug 29, 2017	IDA-H8670	Loan Disb	297,610.00
Sep 29, 2014	IDA-H8670	Loan Disb	129,866.65
Oct 30, 2014	IDA-H8670	Loan Disb	40,891.56
Dec 11, 2013	IDA-H8670	Loan Disb	398,645.06
Mar 25, 2014	IDA-H8670	Loan Disb	850,000.00
Feb 6, 2015	IDA-H8670	Loan Disb	35,501.20
Aug 20, 2014	IDA-H8670	Loan Disb	165,965.60
Aug 28, 2015	IDA-H8670	Loan Disb	159,556.62
Jul 24, 2015	IDA-H8670	Loan Disb	181,338.81
May 26, 2015	IDA-H8670	Loan Disb	342,363.20
Apr 13, 2015	IDA-H8670	Loan Disb	138,433.81
Jan 19, 2016	IDA-H8670	Loan Disb	104,426.96
Dec 11, 2015	IDA-H8670	Loan Disb	111,407.56
Sep 18, 2015	IDA-H8670	Loan Disb	98,828.54
Aug 11, 2017	IDA-H8670	Loan Disb	101,770.26
Jun 28, 2013	IDA-H8670	Loan Commitment	10,000,000.00
Nov 10, 2015	IDA-H8670	Loan Disb	150,408.45
Oct 12, 2017	IDA-H8670	Loan Disb	151,373.80
Nov 2, 2017	IDA-H8670	Loan Disb	198,852.02
Mar 5, 2018	IDA-H8670	Loan Disb	34,860.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2017-12-29
Project Management	Moderately Satisfactory	2017-12-29
Financial Management	Satisfactory	2017-12-29
Monitoring and Evaluation	Satisfactory	2017-12-29
Progress towards achievement of PDO	Satisfactory	2017-12-29
Overall Implementation Progress (IP)	Moderately Satisfactory	2017-12-29

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 08-31-2018
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-04-2021	PROJECT PERFORMANCE ASSESSMENT REPORT: 12-13-2018
Outcome Rating	Moderately Unsatisfactory	Moderately Satisfactory
Risk To Development Outcome	Substantial
Bank Performance	Unsatisfactory	Moderately Satisfactory
Borrower Performance	Not Rated
Government Performance	Not Rated	Not Rated
Implementing Agency	Not Rated
Icr Quality	Not Rated	Substantial
M&e Quality	Modest	Modest

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Increase in sales of MSMEs supported by the SCs Value 0.00 20.00 67.30
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment
Number of investments generated above $200,000 Value 0.00 10.00 20.00
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment

Percentage of loans awarded to firms included in the Credit reporting System in a given year as a percent of all lending in the same year	Value	0.00	15.00	57.00
	Date	December 31, 2013	February 2, 2016	December 29, 2017
	Comment

Value of yearly transactions settled in Real Time Gross Settlement system / Annual GDP Value 0.00 150.00 148.72
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of firms benefitting from SCs Value 0.00 200.00 522.00
Date June 30, 2015 February 2, 2016 December 29, 2017
Comment
Number of investor inquiries in APIP’s investment promotion Value 0.00 60.00 147.00
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment
Number of measures/recommendations proposed by PPD process endorsed for implementation Value 0.00 8.00 31.00
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment
Businesses registered and included in the Credit Reporting System Value 0.00 150.00 180.00
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment
Proportion (%) of banks with access to ACH Value 0.00 100.00 100.00
Date December 31, 2013 February 2, 2016 December 29, 2017
Comment
Number of Firms that benefit from reformed registration requirements Value 0.00 300.00 24097.00
Date December 31, 2015 February 2, 2016 December 29, 2017
Comment
Number of SMEs that benefit from new or enhanced linkages with large firms Value 0.00 30.00 55.00
Date December 31, 2015 February 2, 2016 December 29, 2017
Comment
Percent of women owned or run businesses as a share of benefitting firms from SC support Value 0.00 40.00 47.90
Date June 30, 2015 February 2, 2016 December 29, 2017
Comment

Number of firms benefitting from SCs	Value	0.00	200.00	522.00
	Date	June 30, 2015	February 2, 2016	December 29, 2017
	Comment