| Financier | Commitments |
|---|---|
| MNA VPU Free-standing Trust Funds | 4.50 |
Inclusive Regulations for Microfinance
Abstract*
The development objective of the Inclusive Regulations for Microfinance Project for Egypt is to strengthen the regulatory and institutional framework of the microfinance sector in Egypt. The project comprises of three components. The first component, developing the regulatory framework for microfinance will support the establishment of a regulatory framework that is conducive to growth and stability of the non-bank financial institutions (NBFIs) in... Show More
Development Objective
The project development objective (PDO) is to strengthen the regulatory and institutional framework
of the microfinance sector in Egypt.
Key Details
Project Details
P149677
Closed
Ghada Ismail
Arab Republic of Egypt
July 25, 2014
(as of board presentation)
July 25, 2014
September 28, 2014
US$ 4.50 million
The Financial Regulatory Authority
2015
US$ 4.50 million
N/A
Not Applicable
June 30, 2021
BANK APPROVED
June 21, 2022
Finances
Financing Plan (US$ Millions)
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 | 4.50 |
| Total Project Cost** | 4.50 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2020-06-21 |
| Overall | Low | 2020-06-21 |
| Overall Implementation Progress (IP) | Satisfactory | 2020-06-21 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 05-30-2022 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
New regulatory framework effective for MFIs, including NGOs-MFIs Value No Yes Yes Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of MFIs licensed by FRA under the Microfinance Law Value 0.00 1000.00 1010.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Female MFI beneficiaries of Microfinance loans Value 0.00 70.00 62.18 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of NGOs engaged in microfinance activities Value 0.00 1000.00 999.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of Microfinance beneficiaries under the Microfinance law Value 0.00 3000000.00 3317086.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Microfinance Unit established and operational at FRA Value No Yes Yes Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of staff of MFIs trained Value 0.00 1550.00 1821.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Issuance of the Microfinance Regulations by FRA Value No Yes Yes Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Frequency of meetings of the Microfinance NGOs Oversight board Value 0.00 16.00 17.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Microfinance sector reports disclosed by FRA Value 0.00 22.00 22.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of training programs for Microfinance Unit staff Value 0.00 27.00 28.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of staff and clients trained—workshops, study tours, and capacity building events Value 0.00 4800.00 4950.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment Number of awareness and consumer protection initiatives launched and implemented by FRA Value 0.00 21.00 21.00 Date September 28, 2014 June 30, 2020 June 30, 2021 Comment