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Empowering Local Community Entrepreneurs

Development Objective

The objective of the Project is to support employment generating and increase household incomes for targeted poor and vulnerable communities in the Kakheti and Imereti regions by helping them to (i) start/grow micro, small, and medium-sized enterprises in the tourism sector and (ii) implement small works in the vicinity of cultural heritage sites.

Key Details

Project Details

  • P146123

  • Closed

  • Sophia Georgieva

  • Elkana

  • Georgia

  • June 16, 2014

  • (as of board presentation)

    January 15, 2015

  • February 19, 2015

  • US$ 2.50 million

  • B

  • Not Applicable

  • August 19, 2018

  • BANK APPROVED

  • October 12, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Japan Social Development Fund 2.50

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 2.50
Total Project Cost** 2.50

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

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

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Moderable 2018-05-23
Progress towards achievement of PDO Satisfactory 2018-05-23
Overall Implementation Progress (IP) Satisfactory 2018-05-23

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-14-2019
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of MSME started/expandedValue0.00500.00596.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of new jobs createdValue0.002700.00761.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Increased monthly income of participating householdsValue0.0020.0024.50
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of persons benefiting from technical assistanceValue0.00500.002091.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of communities Sub-grants implemented.Value0.0035.0037.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Market and MSMEs/ Gender assessments conductedValueNoYesYes
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of beneficiaries of MSMEs trainingValue0.00500.001729.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of Regional Workshops ConductedValue0.0040.0045.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of MSME sub-grant proposals approvedValue0.00500.00614.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of participants to workshops on financial institutionsValue0.00500.00419.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of community grants meetings heldValue0.00120.0066.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of community grants training heldValue0.0035.007.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of cross visits on community grant conductedValue0.005.002.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Management Information system (MIS) for the project establishedValueNoYesYes
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Establishment of pilot beneficiary feedback mechanisms to provide feedback on the projectValueNoYesYes
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment
  • Number of beneficiary feedbacks reviewed and addressedValue0.00100.00195.00
    DateJanuary 1, 2015February 19, 2015August 17, 2018
    Comment