Second Private Sector Competitiveness and Economic Diversification Prj

Abstract*

The development objective of the Second Private Sector Competitiveness and Economic Diversification Project for Lesotho is to contribute to the development of selected non-textile sectors resulting in increased private sector investment, firm growth and job creation. The project will comprise two mutually-reinforcing components. The first component of the project is improving the business environment. The objective of this component is to support... Show More

Development Objective

To improve the business environment for firms, strengthen select government institutions, and further diversify the economy.

Key Details

Project Details

Project ID
P144933
Status
Closed
Team Leader
Michael Ehst , Ganesh Rasagam, Bobojon Yatimov
Borrower 2
Kingdom of Lesotho

Country
Lesotho
Disclosure Date
July 15, 2013
Approval Date
(as of board presentation)
October 31, 2013
Effective Date
January 9, 2014

Total Project Cost 1
US$ 15.00 million
Implementing Agency
Ministry of Trade and Industry,Ministry of Finance,Ministry of Development Planning
Region
Eastern and Southern Africa
Fiscal Year 3
2014

Commitment Amount
US$ 13.10 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2022

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
February 12, 2023

Associated Projects
P160964

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 - Economic Policy

FY17 - Trade30%
- FY17 - Trade Facilitation30%

FY17 - Finance

FY17 - Financial Infrastructure and Access10%
- FY17 - MSME Finance10%
FY17 - Financial Stability20%
- FY17 - Financial Sector oversight and policy/banking regulation & restructuring20%

FY17 - Private Sector Development

FY17 - Business Enabling Environment30%
- FY17 - Investment and Business Climate10%
- FY17 - Regulation and Competition Policy20%
FY17 - Enterprise Development10%
- FY17 - MSME Development10%
FY17 - Jobs100%
FY17 - Public Private Partnerships10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	13.10
Borrower/Recipient	1.90

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	13.10
IBRD + IDA Commitment	13.10

Lending Instrument
Grant Amount	N/A
Total Project Cost**	15.00

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$)
May 11, 2015	IDA-53090	Loan Disb	26,000.00
Nov 4, 2015	IDA-53090	Loan Disb	263,867.53
Feb 5, 2016	IDA-53090	Loan Disb	400,000.00
Dec 1, 2015	IDA-53090	Int Charges	135.59
Dec 1, 2015	IDA-53090	Int Charges	135.59
Dec 1, 2015	IDA-53090	Int Charges	13,492.68
Dec 1, 2015	IDA-53090	Int Charges	13,492.68
Sep 17, 2015	IDA-53090	Loan Disb	124,695.96
Dec 11, 2015	IDA-53090	Loan Disb	499,306.84
Jul 18, 2016	IDA-53090	Loan Disb	137,809.88
Apr 6, 2016	IDA-53090	Loan Disb	99,975.45
Apr 22, 2016	IDA-53090	Loan Disb	118,146.95
May 16, 2016	IDA-53090	Loan Disb	114,836.68
Jul 6, 2016	IDA-53090	Loan Disb	178,504.69
Dec 1, 2018	IDA-53090	Int Charges	823.04
Jan 22, 2019	IDA-53090	Loan Disb	84,479.10
Feb 13, 2019	IDA-53090	Loan Disb	143,662.20
Dec 10, 2018	IDA-53090	Loan Disb	61,697.17
Mar 15, 2019	IDA-59610	Int Charges	12,104.94
Mar 15, 2019	IDA-59610	Int Charges	431.97
Mar 15, 2019	IDA-59610	Int Charges	7,470.90
Mar 15, 2019	IDA-59610	Int Charges	7,470.90
Sep 25, 2018	IDA-53090	Loan Disb	126,235.08
Dec 28, 2018	IDA-53090	Int Charges	38,481.91
Dec 28, 2018	IDA-53090	Int Charges	38,481.91
Mar 5, 2019	IDA-59610	Loan Disb	309,499.10
Dec 30, 2016	IDA-53090	Loan Disb	159,634.20
Sep 13, 2016	IDA-53090	Loan Disb	269,330.56
Aug 9, 2016	IDA-53090	Loan Disb	227,936.40
Dec 1, 2016	IDA-53090	Int Charges	151.10
Dec 1, 2016	IDA-53090	Int Charges	151.10
Dec 1, 2016	IDA-53090	Int Charges	24,871.72
Dec 1, 2016	IDA-53090	Int Charges	24,871.72
May 31, 2016	IDA-53090	Loan Disb	193,298.66
Oct 18, 2016	IDA-53090	Loan Disb	140,103.80
Nov 18, 2016	IDA-53090	Loan Disb	303,958.84
Oct 18, 2016	IDA-53090	Loan Disb	138,387.00
Jan 12, 2017	IDA-53090	Loan Disb	102,146.76
Jan 26, 2017	IDA-53090	Loan Disb	228,783.64
Jun 1, 2016	IDA-53090	Int Charges	28.94
Jun 1, 2016	IDA-53090	Int Charges	28.94
Jun 1, 2016	IDA-53090	Int Charges	20,721.98
Jun 1, 2016	IDA-53090	Int Charges	20,721.98
Jul 13, 2017	IDA-53090	Loan Disb	99,480.42
Jun 30, 2017	IDA-53090	Int Charges	29,355.48
Jun 30, 2017	IDA-53090	Int Charges	29,355.48
Jun 1, 2017	IDA-53090	Int Charges	448.21
Jun 1, 2017	IDA-53090	Int Charges	448.21
Apr 19, 2017	IDA-53090	Loan Disb	208,315.75
Jun 2, 2017	IDA-53090	Loan Disb	146,946.45
Mar 28, 2017	IDA-53090	Loan Disb	153,712.52
Apr 25, 2017	IDA-53090	Loan Disb	203,556.67
Feb 17, 2017	IDA-53090	Loan Disb	138,352.62
Nov 17, 2017	IDA-53090	Loan Disb	114,864.63
Oct 4, 2017	IDA-53090	Loan Disb	128,977.74
Jul 26, 2017	IDA-53090	Loan Disb	112,502.03
Oct 20, 2017	IDA-59610	Loan Disb	500,000.00
Aug 11, 2017	IDA-53090	Loan Disb	203,802.70
Dec 1, 2017	IDA-53090	Int Charges	1,119.01
Dec 1, 2017	IDA-53090	Int Charges	1,119.01
Dec 1, 2017	IDA-53090	Int Charges	35,332.06
Dec 1, 2014	IDA-53090	Int Charges	575.67
Dec 1, 2014	IDA-53090	Int Charges	575.67
Dec 1, 2014	IDA-53090	Int Charges	5,697.18
Dec 1, 2014	IDA-53090	Int Charges	5,697.18
Jan 16, 2015	IDA-53090	Loan Disb	220,000.00
Dec 10, 2014	IDA-53090	Loan Disb	170,000.00
Nov 17, 2014	IDA-53090	Loan Disb	130,000.00
Oct 20, 2014	IDA-53090	Loan Disb	97,000.00
Aug 7, 2014	IDA-53090	Loan Disb	149,999.98
Mar 27, 2015	IDA-53090	Loan Disb	195,000.00
Sep 15, 2014	IDA-53090	Loan Disb	62,000.00
Mar 14, 2014	IDA-53090	Loan Disb	-271,874.22
Apr 2, 2014	IDA-53090	Loan Disb	500,000.00
Jun 3, 2014	IDA-53090	Int Charges	1,889.35
Jun 3, 2014	IDA-53090	Int Charges	1,889.35
Jun 18, 2014	IDA-53090	Loan Disb	100,000.00
Jan 28, 2014	IDA-53090	Loan Disb	902,775.00
Jul 7, 2015	IDA-53090	Loan Disb	153,000.00
Jun 1, 2015	IDA-53090	Int Charges	36.26
Jun 1, 2015	IDA-53090	Int Charges	36.26
Jun 1, 2015	IDA-53090	Int Charges	8,851.11
Jun 1, 2015	IDA-53090	Int Charges	8,851.11
Jun 11, 2015	IDA-53090	Loan Disb	175,000.02
Jul 17, 2014	IDA-53090	Loan Disb	109,532.65
Sep 22, 2014	IDA-53090	Loan Disb	200,000.00
Feb 26, 2015	IDA-53090	Loan Disb	190,000.00
Jul 25, 2014	IDA-53090	Loan Disb	100,000.00
Sep 8, 2015	IDA-53090	Loan Disb	210,000.00
Oct 19, 2015	IDA-53090	Loan Disb	163,068.77
Jan 5, 2016	IDA-53090	Loan Disb	417,158.38
Aug 24, 2015	IDA-53090	Loan Disb	185,000.00
Aug 4, 2015	IDA-53090	Loan Disb	230,000.02
May 15, 2015	IDA-53090	Loan Disb	217,000.00
Jun 1, 2023	IDA-53090	Int Charges	43,390.60
Dec 5, 2023	IDA-53090	Loan Repay	72,790.59
Dec 5, 2023	IDA-53090	Int Charges	41,612.67
Dec 5, 2023	IDA-53090	Int Charges	41,612.67
Dec 1, 2023	IDA-53090	Loan Repay	514.83
Dec 5, 2023	IDA-53090	Loan Repay	42,386.41
Mar 15, 2024	IDA-59610	Int Charges	-0.01
Mar 15, 2024	IDA-59610	Int Charges	-0.01
Mar 15, 2024	IDA-59610	Loan Repay	206,446.40
Mar 15, 2024	IDA-59610	Loan Repay	9,192.53
Mar 15, 2024	IDA-59610	Int Charges	46,582.88
Mar 15, 2024	IDA-59610	Int Charges	46,582.88
Mar 15, 2024	IDA-59610	Int Charges	77,638.22
Mar 15, 2024	IDA-59610	Loan Repay	0.01
Jun 1, 2024	IDA-53090	Int Charges	42,748.65
Jun 1, 2024	IDA-53090	Int Charges	42,748.65
Jun 1, 2024	IDA-53090	Loan Repay	1,750.91
Jun 1, 2024	IDA-53090	Int Charges	9.56
Jun 1, 2024	IDA-53090	Int Charges	9.56
Jun 1, 2024	IDA-53090	Int Charges	1,763.09
Jun 1, 2024	IDA-53090	Int Charges	1,763.09
Jun 1, 2024	IDA-53090	Loan Repay	113,397.07
Mar 24, 2017	IDA-59610	Loan Commitment	13,400,000.00
Oct 31, 2013	IDA-53090	Loan Commitment	13,100,000.00
Jan 6, 2022	IDA-59610	Loan Disb	282,846.50
Aug 15, 2022	IDA-59610	Loan Disb	121,592.52
Jul 29, 2022	IDA-59610	Loan Disb	525,025.60
Sep 15, 2022	IDA-59610	Loan Repay	2,287.63
Sep 19, 2022	IDA-59610	Loan Repay	211,243.56
Sep 19, 2022	IDA-59610	Int Charges	44,408.74
Sep 19, 2022	IDA-59610	Int Charges	44,408.74
Sep 19, 2022	IDA-59610	Int Charges	74,014.54
Dec 1, 2022	IDA-53090	Int Charges	1,019.22
Dec 1, 2022	IDA-53090	Int Charges	1,019.22
Dec 6, 2022	IDA-53090	Int Charges	40,736.87
Dec 6, 2022	IDA-53090	Int Charges	40,736.87
Sep 15, 2023	IDA-59610	Int Charges	-390.89
Sep 15, 2023	IDA-59610	Int Charges	390.89
Mar 15, 2023	IDA-59610	Loan Repay	217,287.83
Mar 15, 2023	IDA-59610	Int Charges	18.10
Mar 15, 2023	IDA-59610	Int Charges	18.10
Mar 15, 2023	IDA-59610	Int Charges	30.18
Mar 15, 2023	IDA-59610	Int Charges	48,202.44
Mar 15, 2023	IDA-59610	Int Charges	48,202.44
Mar 15, 2023	IDA-59610	Int Charges	80,337.43
Mar 15, 2023	IDA-59610	Loan Repay	2,366.77
Apr 21, 2021	IDA-59610	Loan Disb	246,792.00
Jul 15, 2021	IDA-59610	Loan Disb	164,201.64
May 6, 2021	IDA-59610	Loan Disb	152,631.48
Dec 1, 2021	IDA-53090	Int Charges	45,658.69
Dec 1, 2021	IDA-53090	Int Charges	45,658.69
Dec 1, 2021	IDA-53090	Int Charges	858.08
Dec 1, 2021	IDA-53090	Int Charges	858.08
Aug 18, 2021	IDA-59610	Loan Disb	86,440.70
Nov 2, 2021	IDA-59610	Loan Disb	175,949.31
Nov 15, 2021	IDA-59610	Loan Disb	259,090.20
Sep 15, 2021	IDA-59610	Int Charges	299.85
Sep 15, 2021	IDA-59610	Int Charges	299.85
Sep 15, 2021	IDA-59610	Int Charges	39,574.72
Sep 15, 2021	IDA-59610	Int Charges	39,574.72
Sep 15, 2021	IDA-59610	Int Charges	65,419.60
Jun 15, 2022	IDA-59610	Loan Disb	181,855.89
Aug 24, 2021	IDA-59610	Loan Disb	217,501.40
May 27, 2022	IDA-59610	Loan Disb	87,479.43
Apr 29, 2022	IDA-59610	Loan Disb	127,209.46
Jun 30, 2022	IDA-59610	Loan Disb	66,026.30
Apr 19, 2022	IDA-59610	Loan Disb	271,525.84
Mar 29, 2022	IDA-59610	Loan Disb	81,980.65
Mar 15, 2022	IDA-59610	Int Charges	228.76
Mar 15, 2022	IDA-59610	Int Charges	228.76
Mar 15, 2022	IDA-59610	Int Charges	70,325.02
Mar 15, 2022	IDA-59610	Int Charges	1,004.06
Mar 15, 2022	IDA-59610	Int Charges	41,966.27
Mar 15, 2022	IDA-59610	Int Charges	41,966.27
Jun 27, 2022	IDA-59610	Loan Disb	257,632.34
Jun 1, 2022	IDA-53090	Int Charges	404.84
Jun 1, 2022	IDA-53090	Int Charges	404.84
Jun 1, 2022	IDA-53090	Int Charges	43,610.86
Jun 1, 2022	IDA-53090	Int Charges	43,610.86
Mar 10, 2022	IDA-59610	Loan Disb	226,064.81
Feb 26, 2020	IDA-59610	Loan Disb	170,605.44
Dec 16, 2019	IDA-59610	Loan Disb	119,069.13
Feb 5, 2020	IDA-59610	Loan Disb	163,986.86
Feb 20, 2020	IDA-53090	Loan Disb	18,160.59
Sep 28, 2020	IDA-59610	Loan Disb	95,897.44
Aug 28, 2020	IDA-59610	Loan Disb	165,003.17
Jun 1, 2020	IDA-53090	Int Charges	384.86
Jun 1, 2020	IDA-53090	Int Charges	384.86
Jun 1, 2020	IDA-53090	Int Charges	44,516.38
Jun 1, 2020	IDA-53090	Int Charges	44,516.38
Oct 23, 2020	IDA-59610	Loan Disb	566,118.80
Oct 20, 2020	IDA-59610	Loan Disb	128,212.47
Sep 15, 2020	IDA-59610	Int Charges	476.59
Sep 15, 2020	IDA-59610	Int Charges	27,854.74
Sep 15, 2020	IDA-59610	Int Charges	27,854.74
Sep 15, 2020	IDA-59610	Int Charges	44,755.70
Aug 25, 2020	IDA-59610	Loan Disb	119,169.14
Nov 10, 2020	IDA-59610	Loan Disb	282,466.47
Nov 13, 2020	IDA-59610	Loan Disb	188,228.45
Dec 1, 2020	IDA-53090	Int Charges	0.01
Dec 7, 2020	IDA-53090	Int Charges	38,866.84
Dec 7, 2020	IDA-53090	Int Charges	38,866.84
Dec 2, 2020	IDA-53090	Int Charges	183.31
Dec 2, 2020	IDA-53090	Int Charges	183.31
Dec 2, 2020	IDA-53090	Int Charges	7,148.62
Dec 2, 2020	IDA-53090	Int Charges	7,148.62
Mar 8, 2021	IDA-59610	Loan Disb	167,323.08
Mar 15, 2021	IDA-59610	Int Charges	0.01
Jan 27, 2021	IDA-59610	Loan Disb	117,399.66
Dec 1, 2020	IDA-53090	Int Charges	0.01
Mar 18, 2021	IDA-59610	Int Charges	1,684.31
Mar 18, 2021	IDA-59610	Int Charges	33,499.92
Mar 18, 2021	IDA-59610	Int Charges	33,499.92
Mar 18, 2021	IDA-59610	Int Charges	55,833.18
Mar 19, 2021	IDA-59610	Loan Disb	353,195.97
Mar 19, 2021	IDA-59610	Loan Disb	153,190.94
May 11, 2021	IDA-59610	Loan Disb	286,057.72
Mar 30, 2021	IDA-59610	Loan Disb	97,010.65
Jun 3, 2021	IDA-53090	Int Charges	784.59
Jun 3, 2021	IDA-53090	Int Charges	784.59
Jun 3, 2021	IDA-53090	Int Charges	46,202.73
Jun 3, 2021	IDA-53090	Int Charges	46,202.73
Apr 15, 2019	IDA-53090	Loan Disb	92,115.18
Apr 26, 2019	IDA-59610	Loan Disb	416,467.10
Jul 15, 2019	IDA-53090	Loan Disb	95,582.90
Jul 8, 2019	IDA-53090	Loan Disb	226,660.56
May 24, 2019	IDA-53090	Loan Disb	65,258.71
Mar 26, 2019	IDA-59610	Loan Disb	185,862.40
Mar 21, 2019	IDA-59610	Loan Disb	185,164.47
Jun 1, 2019	IDA-53090	Int Charges	81.11
Jun 1, 2019	IDA-53090	Int Charges	81.11
Jun 4, 2019	IDA-53090	Int Charges	40,971.53
Jun 4, 2019	IDA-53090	Int Charges	40,971.53
Jul 26, 2019	IDA-59610	Loan Disb	144,868.42
Sep 4, 2019	IDA-59610	Loan Disb	170,157.36
Sep 15, 2019	IDA-59610	Int Charges	341.82
Sep 15, 2019	IDA-59610	Int Charges	11,658.19
Sep 15, 2019	IDA-59610	Int Charges	11,658.19
Aug 1, 2019	IDA-53090	Loan Disb	126,994.96
Sep 24, 2019	IDA-59610	Loan Disb	118,682.70
Sep 6, 2019	IDA-59610	Loan Disb	161,574.66
Aug 22, 2019	IDA-59610	Loan Disb	114,226.72
Oct 28, 2019	IDA-59610	Loan Disb	118,455.82
Oct 23, 2019	IDA-53090	Loan Disb	54,019.67
Oct 23, 2019	IDA-59610	Loan Disb	254,228.02
Sep 9, 2019	IDA-59610	Loan Disb	282,065.16
Sep 9, 2019	IDA-53090	Loan Disb	192,311.31
Sep 26, 2019	IDA-53090	Loan Disb	81,189.26
Sep 15, 2019	IDA-59610	Int Charges	1,989.31
Sep 15, 2019	IDA-59610	Int Charges	1,989.31
Sep 15, 2019	IDA-59610	Int Charges	21,212.95
Jul 18, 2019	IDA-59610	Loan Disb	101,972.89
Aug 20, 2019	IDA-59610	Loan Disb	493,584.00
Dec 1, 2019	IDA-53090	Int Charges	23.70
Dec 1, 2019	IDA-53090	Int Charges	42,874.62
Dec 1, 2019	IDA-53090	Int Charges	42,874.62
Mar 19, 2020	IDA-59610	Loan Disb	171,743.73
Mar 10, 2020	IDA-59610	Loan Disb	201,903.90
Mar 15, 2020	IDA-59610	Int Charges	21,338.75
Sep 15, 2023	IDA-59610	Loan Repay	4,491.56
Sep 15, 2023	IDA-59610	Int Charges	46,933.19
Sep 15, 2023	IDA-59610	Int Charges	46,933.19
Sep 15, 2023	IDA-59610	Int Charges	78,221.91
Sep 15, 2023	IDA-59610	Loan Repay	209,061.60
Nov 16, 2022	IDA-59610	Loan Cancel	235,904.90
Jun 1, 2023	IDA-53090	Int Charges	1,507.97
Jun 1, 2023	IDA-53090	Int Charges	1,507.97
Jun 1, 2023	IDA-53090	Int Charges	43,390.60
Mar 15, 2020	IDA-59610	Int Charges	21,338.75
Mar 15, 2020	IDA-59610	Int Charges	35,101.00
Mar 26, 2020	IDA-59610	Loan Disb	192,003.73
Mar 15, 2020	IDA-59610	Int Charges	1,538.41
Jan 6, 2020	IDA-59610	Loan Disb	80,283.30
Dec 11, 2019	IDA-53090	Loan Disb	72,302.08
Dec 13, 2019	IDA-59610	Loan Disb	94,014.91
Jan 13, 2020	IDA-59610	Loan Disb	90,640.04
Dec 1, 2019	IDA-53090	Int Charges	23.70
May 5, 2020	IDA-59610	Loan Disb	423,549.03
May 11, 2020	IDA-59610	Loan Disb	94,564.02
Dec 1, 2017	IDA-53090	Int Charges	35,332.06
Mar 19, 2018	IDA-59610	Int Charges	2,536.32
Dec 21, 2017	IDA-53090	Loan Disb	74,732.63
Apr 10, 2018	IDA-53090	Loan Disb	103,030.38
Mar 6, 2018	IDA-53090	Loan Disb	95,150.73
Feb 5, 2018	IDA-53090	Loan Disb	182,999.38
Mar 14, 2018	IDA-53090	Loan Disb	68,818.38
Mar 19, 2018	IDA-59610	Int Charges	1,553.92
Mar 19, 2018	IDA-59610	Int Charges	1,553.92
Aug 8, 2018	IDA-53090	Loan Disb	89,596.10
Jun 4, 2018	IDA-53090	Int Charges	324.88
Jun 4, 2018	IDA-53090	Int Charges	324.88
Jun 4, 2018	IDA-53090	Int Charges	37,988.57
Jun 4, 2018	IDA-53090	Int Charges	37,988.57
Jul 9, 2018	IDA-53090	Loan Disb	110,656.52
May 24, 2018	IDA-53090	Loan Disb	126,867.37
Sep 15, 2018	IDA-59610	Int Charges	51.80
Sep 15, 2018	IDA-59610	Int Charges	2,026.09
Sep 15, 2018	IDA-59610	Int Charges	2,026.09
Sep 15, 2018	IDA-59610	Int Charges	2,941.71
Sep 5, 2018	IDA-59610	Loan Disb	775,180.00
Dec 13, 2018	IDA-59610	Loan Disb	493,584.00
Dec 14, 2018	IDA-59610	Loan Disb	131,801.70
Nov 5, 2018	IDA-53090	Loan Disb	118,085.49
Feb 13, 2019	IDA-59610	Loan Disb	121,869.98
Dec 19, 2018	IDA-53090	Loan Disb	54,916.17
Dec 19, 2018	IDA-59610	Loan Disb	194,575.30
Oct 4, 2018	IDA-59610	Loan Disb	304,246.16
Dec 1, 2018	IDA-53090	Int Charges	823.04

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Satisfactory	2021-11-04
Counterpart Funding	Moderately Satisfactory	2021-11-04
Project Management	Satisfactory	2021-11-04
Progress towards achievement of PDO	Satisfactory	2021-11-04
Financial Management	Satisfactory	2021-11-04
Monitoring and Evaluation	Satisfactory	2021-11-04
Overall Implementation Progress (IP)	Satisfactory	2021-11-04

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 03-04-2023
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-28-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Implemented reforms supporting private sector development Value 0.00 8.00 0.00
Date December 31, 2013 June 30, 2022
Comment
Direct project beneficiaries Value 0.00 305823.00 220000.00
Date September 4, 2013 June 30, 2022 June 30, 2022
Comment
Female beneficiaries Value 0.00 22.00 0.00
Date September 4, 2013
Comment
Client satisfaction with selected government-to-business services Value 69.20 69.20 0.00
Date April 5, 2017 June 30, 2022
Comment
Jobs in the horticulture and handicraft sectors Value 1160.00 1315.00 0.00
Date December 31, 2016 June 30, 2022
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Days required to obtain a construction permit from the Maseru City Council Value 106.00 95.00 30.00
Date September 4, 2013 October 21, 2021 June 30, 2022
Comment
Registered lodging operations under the star grading system Value 0.00 48.00 40.00
Date September 4, 2013 June 30, 2022 June 30, 2022
Comment
Adult population covered by the Credit Bureau Value 0.00 15.80 13.00
Date September 4, 2013 June 30, 2022 June 30, 2022
Comment
Tourism information center established and operational Value No No Yes
Date September 4, 2013 June 30, 2022 June 30, 2022
Comment
Agencies connected to the Trade Automation System Value 0.00 4.00 0.00
Date December 31, 2013 June 30, 2022
Comment
Revenue generated by commercial horticulture farms (maloti) Value 38606.00 5197408.70 8227545.00
Date April 30, 2014 June 30, 2022 June 30, 2022
Comment
Amount of funds disbursed to businesses through LEAP Value 56422.00 5969182.00 0.00
Date December 31, 2013 June 30, 2022
Comment

Implemented reforms supporting private sector development	Value	0.00	8.00	0.00
	Date	December 31, 2013	June 30, 2022
	Comment

Direct project beneficiaries	Value	0.00	305823.00	220000.00
	Date	September 4, 2013	June 30, 2022	June 30, 2022
	Comment

Female beneficiaries	Value	0.00	22.00	0.00
	Date	September 4, 2013
	Comment

Client satisfaction with selected government-to-business services	Value	69.20	69.20	0.00
	Date	April 5, 2017	June 30, 2022
	Comment

Jobs in the horticulture and handicraft sectors	Value	1160.00	1315.00	0.00
	Date	December 31, 2016	June 30, 2022
	Comment

Days required to obtain a construction permit from the Maseru City Council	Value	106.00	95.00	30.00
	Date	September 4, 2013	October 21, 2021	June 30, 2022
	Comment

Revenue generated by commercial horticulture farms (maloti)	Value	38606.00	5197408.70	8227545.00
	Date	April 30, 2014	June 30, 2022	June 30, 2022
	Comment

Amount of funds disbursed to businesses through LEAP	Value	56422.00	5969182.00	0.00
	Date	December 31, 2013	June 30, 2022
	Comment