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Reducing the Vulnerability of Small Farmers to Price Risk

Development Objective

The Project Development Objective (PDO) is to reduce the vulnerability of small farmers in Nicaragua to the increased volatility ininternational food markets by reducing transactions costs for trading of agriculture products locally and internationally and increasing access to price risk management tools and strategies.

Key Details

Project Details

  • P144462

  • Closed

  • Katie Freeman

  • Asociacion de Productores y Exportadores de Nicaragua (APEN)

  • Nicaragua

  • February 28, 2013

  • (as of board presentation)

    February 28, 2013

  • April 24, 2013

  • US$ 1.00 million

  • C

  • Not Applicable

  • March 31, 2016

  • BANK APPROVED

  • May 10, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Japan Social Development Fund 1.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 1.00
Total Project Cost** 1.00

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

Name Review Date
Progress towards achievement of PDO Satisfactory 2016-03-30
Overall Implementation Progress (IP) Satisfactory 2016-03-30
Overall Low 2016-03-30

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Reduction in transaction costs and after-tax margins of products currently not traded through the local commodity exchangeValue2349.23-29.00-10.00
    DateSeptember 30, 2014March 25, 2016March 31, 2016
    Comment
  • Additional agriculture products (cash and/or financial contracts) traded through the local commodity exchangeValue0.002.002.00
    DateApril 30, 2013March 15, 2016March 31, 2016
    Comment
  • Reduction in time for obtaining quality certification for commercialization for agriculture productsValue16.0050.0010.00
    DateDecember 31, 2012March 25, 2016March 31, 2016
    Comment
  • Increase the volume of food products traded through the local commodity exchangeValue22454627.002.882.00
    DateDecember 30, 2012March 25, 2016March 31, 2016
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • new commodity trade and/or price risk management strategies / tools for small farmersValue0.002.002.00
    DateDecember 31, 2012March 25, 2016March 31, 2016
    Comment
  • Number of farmers trained in improved agriculture price risk management strategiesValue0.003200.003000.00
    DateDecember 31, 2012March 25, 2016March 31, 2016
    Comment