| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 150.00 |
Access to Long Term Finance
Development Objective
The Project Development Objective (PDO) is to improve access to longer term finance for export oriented small and medium enterprises.
Key Details
Project Details
P156766
Closed
Johanna Jaeger , Yevhen Hrebeniuk
Ukreximbank
September 14, 2016
(as of board presentation)
May 2, 2017
June 12, 2018
US$ 150.00 million
Ukreximbank
2017
US$ 150.00 million
F
June 27, 2024
December 31, 2023
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 150.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 150.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 24, 2019 | IBRD-87270 | Loan Disb | 1,336,126.50 |
| Jun 13, 2019 | IBRD-87270 | Loan Disb | 9,318,661.00 |
| Sep 27, 2019 | IBRD-87270 | Loan Disb | 2,174,132.80 |
| Jan 31, 2019 | IBRD-87270 | Loan Disb | 10,275,160.00 |
| Dec 17, 2018 | IBRD-87270 | Loan Disb | 2,252,024.80 |
| Nov 13, 2018 | IBRD-87270 | Loan Disb | 12,034,722.00 |
| Oct 2, 2018 | IBRD-87270 | Loan Disb | 2,000,000.00 |
| Mar 15, 2019 | IBRD-87270 | Int Charges | 3,026.24 |
| Mar 15, 2019 | IBRD-87270 | Int Charges | 468,067.56 |
| Jun 26, 2018 | IBRD-87270 | Loan Disb | 15,000,000.00 |
| Jun 12, 2018 | IBRD-87270 | Loan Disb | 375,000.00 |
| Jun 12, 2018 | IBRD-87270 | Fee Charges | 375,000.00 |
| Sep 15, 2018 | IBRD-87270 | Int Charges | 113,251.04 |
| Sep 15, 2018 | IBRD-87270 | Int Charges | 388,009.44 |
| May 28, 2021 | IBRD-92540 | Loan Commitment | 100,000,000.00 |
| May 2, 2017 | IBRD-87270 | Loan Commitment | 150,000,000.00 |
| Mar 15, 2024 | IBRD-87270 | Loan Repay | 2,476,539.50 |
| Mar 15, 2024 | IBRD-87270 | Int Charges | 4,784,839.50 |
| Feb 15, 2024 | IBRD-92540 | Int Charges | 5,817.97 |
| Feb 15, 2024 | IBRD-92540 | Int Charges | 139,899.19 |
| Feb 15, 2024 | IBRD-92540 | Int Charges | 41,741.99 |
| Feb 15, 2024 | IBRD-92540 | Int Charges | 1,898,894.60 |
| Mar 15, 2024 | IBRD-87270 | Int Charges | 73,629.08 |
| Jun 26, 2023 | IBRD-92540 | Loan Disb | 16,988,468.00 |
| Dec 21, 2023 | IBRD-92540 | Loan Disb | 9,936,034.00 |
| Dec 4, 2023 | IBRD-92540 | Loan Disb | 9,308,170.00 |
| Dec 20, 2023 | IBRD-92540 | Loan Disb | 20,187,428.00 |
| Aug 15, 2024 | IBRD-92540 | Int Charges | 11,667.10 |
| Aug 15, 2024 | IBRD-92540 | Int Charges | 303,731.20 |
| Aug 15, 2024 | IBRD-92540 | Int Charges | 3,307,609.00 |
| Nov 27, 2023 | IBRD-92540 | Loan Disb | 9,787,725.00 |
| Mar 15, 2023 | IBRD-87270 | Int Charges | 3,729,807.00 |
| Mar 15, 2023 | IBRD-87270 | Loan Repay | 2,476,539.50 |
| Feb 15, 2023 | IBRD-92540 | Int Charges | 403.13 |
| Feb 15, 2023 | IBRD-92540 | Int Charges | 119,936.29 |
| Feb 15, 2023 | IBRD-92540 | Int Charges | 5,828.83 |
| Aug 15, 2023 | IBRD-92540 | Int Charges | 594,333.06 |
| Aug 15, 2023 | IBRD-92540 | Int Charges | 5,776.05 |
| Aug 15, 2023 | IBRD-92540 | Int Charges | 126,430.56 |
| Mar 15, 2020 | IBRD-87270 | Int Charges | 117,794.20 |
| Mar 15, 2020 | IBRD-87270 | Int Charges | 851,463.90 |
| Dec 20, 2019 | IBRD-87270 | Loan Disb | 1,649,225.20 |
| May 8, 2020 | IBRD-87270 | Loan Disb | 6,212,031.00 |
| Mar 15, 2019 | IBRD-87270 | Int Charges | 150,211.48 |
| Aug 15, 2023 | IBRD-92540 | Int Charges | 92,345.53 |
| Sep 15, 2023 | IBRD-87270 | Loan Repay | 2,476,539.50 |
| Sep 15, 2023 | IBRD-87270 | Int Charges | 54,885.03 |
| Sep 15, 2023 | IBRD-87270 | Int Charges | 4,408,416.00 |
| Aug 31, 2023 | IBRD-92540 | Loan Disb | 12,973,788.00 |
| Aug 15, 2022 | IBRD-92540 | Int Charges | 255,974.33 |
| Dec 2, 2022 | IBRD-87270 | Loan Disb | 14,530,713.00 |
| Oct 6, 2022 | IBRD-87270 | Loan Disb | 9,471,824.00 |
| Jan 5, 2023 | IBRD-92540 | Loan Disb | 20,568,388.00 |
| Sep 15, 2022 | IBRD-87270 | Int Charges | 34,740.70 |
| Sep 15, 2022 | IBRD-87270 | Int Charges | 1,324,338.50 |
| Sep 15, 2022 | IBRD-87270 | Loan Repay | 2,068,496.50 |
| Mar 15, 2023 | IBRD-87270 | Int Charges | 141,455.19 |
| Mar 15, 2023 | IBRD-87270 | Int Charges | 9,125.36 |
| Dec 8, 2021 | IBRD-87270 | Loan Disb | 20,000,000.00 |
| Mar 15, 2022 | IBRD-87270 | Int Charges | 51,126.23 |
| Mar 15, 2022 | IBRD-87270 | Int Charges | 645,249.25 |
| Mar 15, 2022 | IBRD-87270 | Loan Repay | 1,949,477.10 |
| Aug 15, 2022 | IBRD-92540 | Int Charges | 1,261.18 |
| Sep 30, 2021 | IBRD-87270 | Loan Disb | 10,000,000.00 |
| Jun 15, 2022 | IBRD-87270 | Loan Disb | 7,126,905.50 |
| Sep 15, 2021 | IBRD-87270 | Int Charges | 80,818.46 |
| Sep 15, 2021 | IBRD-87270 | Int Charges | 531,072.50 |
| Apr 26, 2022 | IBRD-92540 | Loan Disb | 250,000.00 |
| Apr 26, 2022 | IBRD-92540 | Fee Charges | 250,000.00 |
| Mar 30, 2021 | IBRD-87270 | Loan Disb | 6,913,941.00 |
| Apr 26, 2021 | IBRD-87270 | Loan Disb | 6,593,197.50 |
| May 21, 2021 | IBRD-87270 | Loan Disb | 2,553,043.80 |
| Sep 15, 2020 | IBRD-87270 | Int Charges | 112,104.27 |
| Sep 15, 2020 | IBRD-87270 | Int Charges | 534,534.60 |
| Mar 15, 2021 | IBRD-87270 | Int Charges | 101,668.07 |
| Mar 15, 2021 | IBRD-87270 | Int Charges | 436,666.00 |
| Dec 17, 2020 | IBRD-87270 | Loan Disb | 4,672,224.50 |
| Dec 8, 2020 | IBRD-87270 | Loan Disb | 5,511,067.00 |
| Sep 15, 2019 | IBRD-87270 | Int Charges | 3,026.24 |
| Sep 15, 2019 | IBRD-87270 | Int Charges | 40,543.29 |
| Sep 15, 2019 | IBRD-87270 | Int Charges | 129,429.84 |
| Sep 15, 2019 | IBRD-87270 | Int Charges | 889,664.94 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2023-12-01 |
| Financial Management | Satisfactory | 2023-12-01 |
| Monitoring and Evaluation | Satisfactory | 2023-12-01 |
| Procurement | Satisfactory | 2023-12-01 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2023-12-01 |
| Project Management | Satisfactory | 2023-12-01 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2024 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 12-05-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Ratio of the average maturity of SME sub-financing under the project, over the average maturity of the PFIs’ SME portfolio not financed under the project. Value 1.00 1.2 >1.00 Date March 31, 2017 June 30, 2024 Comment Number of SME beneficiaries financed by PFIs under the project (cumulative). Value 0.00 85.00 90.00 Date March 31, 2017 April 30, 2024 December 31, 2021 Comment Based on Core Indicator: Volume of Bank Support: Lines of Credit - SME (cumulative, USD million). Value 0.00 236.10 150.00 Date March 31, 2017 April 30, 2024 December 31, 2021 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Based on Core Indicator: Outstanding SME finance portfolio (USD million). Value n/a 1208 Date March 31, 2017 December 29, 2023 Comment Based on Core Indicator: Number of active SME finance accounts (not cumulative). Value n/a 970 Date March 31, 2017 December 29, 2023 Comment Based on Core Indicator: Portfolio Quality: Portfolio at risk (%). Value 40.95 20.1 Date June 30, 2016 December 29, 2023 Comment Based on Core Indicator: Financial Sustainability: Return on Assets (%) Value -1.82 2.1% Date June 30, 2016 December 29, 2023 Comment Based on Core Indicator: Financial Sustainability: Return on Equity (%) Value -299.79 93.1% Date June 30, 2016 December 29, 2023 Comment Number of active PFIs under the project (cumulative). Value 0.00 3.00 2.00 Date March 31, 2017 December 29, 2023 Comment Gender: The first sub-finance from each PFI has been reviewed by the World Bank for gender bias, and remedial action has been takenaccordingly. Value No Yes Yes Date March 31, 2017 December 29, 2023 Comment Gender: Percent of SME beneficiaries financed under the project with at least 15 percent female participation in their workforce. Value 0.00 89.4% Date March 31, 2017 December 29, 2023 Comment Compliance with prudential regulation. Value Yes No Yes Date June 30, 2016 December 29, 2023 Comment Citizen Engagement: SMEs that report that project sub-finance reflected their needs. Value 0.00 97.6% >70 Date March 31, 2017 December 29, 2023 Comment Percentage of SMEs who believe that the Project has established effective engagement processes (through semi-annual roundtables and/or a survey) Value n/a 97.0% Date January 22, 2021 October 31, 2023 Comment Share of the volume of financing provided to sub-borrowers with less than 250 employees Value 46% 70.1% Date November 20, 2020 December 29, 2023 Comment Share of female-led SMEs (i.e. have Director/CEO, Deputy/member of the Management Board, Chief Accountant/CFO or woman owning >50% stake or is the sole proprietor) Value n/a 83.5% Date January 22, 2021 December 29, 2023 Comment