1. What We Do

Poverty Reduction Fund III

Abstract*

The development objective of the Third Poverty Reduction Fund (PRF) Project for Lao People's Democratic Republic is to improve access to basic services for the Project’s targeted poor communities. It will be achieved through inclusive community and local development processes with emphasis on ensuring sustainability. The project comprises of four components. The first component, community development sub-grants will finance carrying out of participatory...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve access to community-prioritized basic services as well as to support the production and consumption of nutritious foods in the Project’s targeted poor communities.

Key Details

Project Details

  • P157963

  • Closed

  • Benjamin Burckhart

  • Ministry of Finance

  • US$ 36.00 million

  • Poverty Reduction Fund

  • East Asia and Pacific

  • 2016

  • US$ 30.00 million

  • B

  • Not Applicable

  • June 30, 2024

  • No

  • BANK APPROVED

  • June 26, 2024

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Other Agriculture, Fishingand ForestryFY17 - Other Agriculture, Fishing and ForestryFY17 - Sub-National GovernmentFY17 - Social ProtectionFY17 - Public Administration -Social ProtectionFY17 - Public Administration - Social Protection

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 30.00
Borrower/Recipient 6.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.00
IBRD + IDA Commitment 30.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 36.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 31, 2024 IDA-65060 Loan Disb 373,952.20
Jun 7, 2024 IDA-65060 Loan Disb 666,632.00
Mar 25, 2024 IDA-65060 Loan Disb 206,450.56
Mar 25, 2024 IDA-65060 Loan Disb 1,064,474.40
May 24, 2016 IDA-58270 Loan Commitment 30,000,000.00
Dec 2, 2019 IDA-65060 Loan Commitment 22,500,000.00
Jan 27, 2023 IDA-65060 Loan Disb 414,592.22
Mar 10, 2023 IDA-65060 Loan Disb 386,439.66
May 4, 2023 IDA-65060 Loan Disb 517,351.16
Jan 17, 2023 IDA-65060 Loan Disb 579,165.06
Aug 7, 2023 IDA-65060 Loan Disb 818,731.10
Aug 25, 2023 IDA-65060 Loan Disb 645,449.94
Sep 26, 2023 IDA-65060 Loan Disb 591,047.40
Jun 22, 2023 IDA-65060 Loan Disb 1,067,391.80
Dec 26, 2023 IDA-65060 Loan Disb 310,796.56
Nov 20, 2023 IDA-65060 Loan Disb 498,478.22
Dec 22, 2023 IDA-65060 Loan Disb 482,685.97
Oct 3, 2023 IDA-58270 Loan Repay 192,876.72
Oct 4, 2023 IDA-65060 Int Charges 519.11
Apr 1, 2024 IDA-58270 Loan Repay 17,927.35
Oct 3, 2023 IDA-58270 Int Charges 97,513.87
Oct 3, 2023 IDA-58270 Int Charges 97,513.87
Oct 3, 2023 IDA-58270 Loan Repay 263,028.78
Oct 4, 2023 IDA-65060 Int Charges 53,427.20
Sep 2, 2022 IDA-65060 Loan Disb 608,569.56
Nov 2, 2022 IDA-65060 Loan Disb 668,420.25
Oct 6, 2022 IDA-58270 Loan Repay 257,992.31
Oct 6, 2022 IDA-58270 Loan Repay 179,202.64
Oct 6, 2022 IDA-58270 Int Charges 92.63
Oct 6, 2022 IDA-58270 Int Charges 92.63
Oct 6, 2022 IDA-65060 Int Charges 659.75
Oct 6, 2022 IDA-65060 Int Charges 29,070.07
Oct 6, 2022 IDA-65060 Int Charges 29,070.07
Oct 6, 2022 IDA-65060 Int Charges 48,450.08
Oct 1, 2022 IDA-58270 Loan Repay 15,121.99
Oct 6, 2022 IDA-58270 Int Charges 154.39
Oct 6, 2022 IDA-58270 Int Charges 99,426.08
Oct 6, 2022 IDA-58270 Int Charges 99,426.08
Oct 6, 2022 IDA-58270 Int Charges 165,710.10
Apr 1, 2023 IDA-58270 Loan Repay 20,997.55
Apr 1, 2023 IDA-58270 Loan Repay 451,783.53
Apr 1, 2023 IDA-58270 Int Charges 47.59
Apr 1, 2023 IDA-58270 Int Charges 47.59
Dec 14, 2022 IDA-65060 Loan Disb 652,107.10
Apr 1, 2023 IDA-65060 Int Charges 1,278.53
Apr 1, 2023 IDA-65060 Int Charges 1,278.53
Apr 1, 2023 IDA-65060 Int Charges 39,209.23
Apr 1, 2023 IDA-65060 Int Charges 39,209.23
Apr 1, 2023 IDA-65060 Int Charges 66,946.25
Apr 1, 2023 IDA-58270 Int Charges 79.33
Apr 1, 2023 IDA-58270 Int Charges 23,088.28
Apr 1, 2023 IDA-58270 Int Charges 23,088.28
Apr 1, 2023 IDA-58270 Int Charges 79,043.17
Apr 1, 2023 IDA-58270 Int Charges 79,043.17
Apr 1, 2023 IDA-58270 Int Charges 170,219.11
Mar 22, 2023 IDA-65060 Loan Disb 1,153,058.00
Apr 6, 2021 IDA-58270 Int Charges 336.56
Apr 6, 2021 IDA-65060 Int Charges 11.82
Oct 25, 2021 IDA-58270 Loan Repay 192,527.77
Oct 25, 2021 IDA-58270 Int Charges 112,979.99
Oct 25, 2021 IDA-58270 Int Charges 112,979.99
Oct 25, 2021 IDA-58270 Int Charges 188,299.98
Oct 1, 2021 IDA-58270 Loan Repay 3,731.63
Oct 4, 2021 IDA-65060 Int Charges 20,411.61
Oct 4, 2021 IDA-58270 Loan Repay 300,596.38
Oct 1, 2021 IDA-65060 Int Charges 293.56
Oct 1, 2021 IDA-65060 Int Charges 293.56
Oct 4, 2021 IDA-65060 Int Charges 12,286.66
Oct 4, 2021 IDA-65060 Int Charges 12,286.66
Apr 1, 2022 IDA-65060 Loan Disb 245,034.64
Aug 9, 2021 IDA-65060 Loan Disb 318,120.22
Oct 12, 2021 IDA-65060 Loan Disb 628,634.00
May 23, 2022 IDA-65060 Loan Disb 429,853.75
May 23, 2022 IDA-65060 Loan Disb 842,879.10
Feb 22, 2022 IDA-65060 Loan Disb 829,990.40
Jun 23, 2022 IDA-65060 Loan Disb 744,598.25
Dec 6, 2021 IDA-65060 Loan Disb 1,207,829.00
Apr 11, 2022 IDA-65060 Int Charges 33,498.67
Apr 11, 2022 IDA-65060 Int Charges 539.27
Apr 11, 2022 IDA-65060 Int Charges 20,520.77
Apr 11, 2022 IDA-65060 Int Charges 20,520.77
Apr 1, 2022 IDA-58270 Loan Repay 8,333.46
Apr 11, 2022 IDA-58270 Loan Repay 473,530.03
Apr 11, 2022 IDA-58270 Int Charges 111.52
Apr 11, 2022 IDA-58270 Int Charges 111.52
Apr 11, 2022 IDA-58270 Int Charges 185.87
Apr 11, 2022 IDA-58270 Int Charges 17,485.61
Apr 11, 2022 IDA-58270 Int Charges 17,485.61
Apr 11, 2022 IDA-58270 Int Charges 90,209.02
Apr 11, 2022 IDA-58270 Int Charges 90,209.02
Apr 11, 2022 IDA-58270 Int Charges 179,491.14
Oct 13, 2020 IDA-58270 Int Charges 111,063.53
Oct 13, 2020 IDA-58270 Int Charges 111,063.53
Oct 13, 2020 IDA-65060 Int Charges 3,899.09
Oct 13, 2020 IDA-65060 Int Charges 3,899.09
Oct 13, 2020 IDA-65060 Int Charges 6,486.69
Oct 1, 2020 IDA-58270 Int Charges 1,927.56
Oct 1, 2020 IDA-58270 Int Charges 1,927.56
Oct 13, 2020 IDA-58270 Int Charges 187,992.84
Dec 7, 2020 IDA-65060 Loan Disb 504,799.78
Jun 16, 2021 IDA-65060 Loan Disb 650,820.50
Apr 6, 2021 IDA-65060 Int Charges 8,933.14
Apr 6, 2021 IDA-65060 Int Charges 8,933.14
Apr 6, 2021 IDA-65060 Int Charges 14,888.53
Apr 6, 2021 IDA-58270 Int Charges 113,486.40
Apr 6, 2021 IDA-58270 Int Charges 113,486.40
Apr 6, 2021 IDA-58270 Int Charges 189,144.00
Jun 16, 2021 IDA-65060 Loan Disb 591,751.70
Jul 12, 2019 IDA-58270 Loan Disb 1,639,016.90
Apr 3, 2019 IDA-58270 Int Charges 79,986.14
Apr 3, 2019 IDA-58270 Int Charges 133,229.23
May 31, 2019 IDA-58270 Loan Disb 988,622.56
Jun 7, 2019 IDA-58270 Loan Disb 688,041.20
Mar 5, 2019 IDA-58270 Loan Disb 1,099,824.20
Apr 3, 2019 IDA-58270 Int Charges 5,629.70
Apr 3, 2019 IDA-58270 Int Charges 79,986.14
Nov 14, 2019 IDA-58270 Loan Disb 618,309.40
Oct 18, 2019 IDA-58270 Int Charges 80.31
Oct 18, 2019 IDA-58270 Int Charges 91,887.95
Oct 18, 2019 IDA-58270 Int Charges 91,887.95
Oct 18, 2019 IDA-58270 Int Charges 150,949.95
Oct 22, 2019 IDA-58270 Loan Disb 1,900,509.60
Sep 9, 2019 IDA-58270 Loan Disb 725,173.60
Feb 14, 2020 IDA-58270 Loan Disb 175,162.12
Apr 2, 2020 IDA-58270 Int Charges 2,178.53
Apr 2, 2020 IDA-58270 Int Charges 107,219.83
Apr 2, 2020 IDA-58270 Int Charges 107,219.83
Apr 2, 2020 IDA-58270 Int Charges 178,699.70
Jun 30, 2020 IDA-65060 Loan Disb 2,000,000.00
Jun 16, 2017 IDA-58270 Loan Disb 622,469.94
Jun 28, 2017 IDA-58270 Loan Disb 514,451.00
Oct 11, 2017 IDA-58270 Loan Disb 1,004,118.90
Oct 3, 2017 IDA-58270 Int Charges 26,968.02
Oct 3, 2017 IDA-58270 Int Charges 3,336.84
Oct 3, 2017 IDA-58270 Int Charges 3,336.84
Oct 3, 2017 IDA-58270 Int Charges 5,561.41
Oct 3, 2017 IDA-58270 Int Charges 17,871.16
Oct 3, 2017 IDA-58270 Int Charges 17,871.16
Feb 17, 2017 IDA-58270 Loan Disb 3,500,000.00
Aug 31, 2017 IDA-58270 Loan Disb 1,081,518.50
Dec 1, 2017 IDA-58270 Loan Disb 710,893.70
Oct 18, 2017 IDA-58270 Loan Disb 1,674,745.60
Aug 10, 2017 IDA-58270 Loan Disb 375,935.75
Jul 20, 2017 IDA-58270 Loan Disb 483,624.62
Mar 28, 2018 IDA-58270 Loan Disb 524,701.25
Feb 9, 2018 IDA-58270 Loan Disb 1,371,461.50
Apr 1, 2018 IDA-58270 Int Charges 2,906.66
Apr 1, 2018 IDA-58270 Int Charges 42,609.58
Apr 1, 2018 IDA-58270 Int Charges 42,609.58
Dec 21, 2017 IDA-58270 Loan Disb 1,708,940.60
Apr 1, 2018 IDA-58270 Int Charges 67,067.54
May 30, 2018 IDA-58270 Loan Disb 790,538.00
Sep 5, 2018 IDA-58270 Loan Disb 1,704,537.60
May 18, 2018 IDA-58270 Loan Disb 530,762.25
May 24, 2018 IDA-58270 Loan Disb 515,040.78
Jul 13, 2018 IDA-58270 Loan Disb 1,540,286.90
Aug 9, 2018 IDA-58270 Loan Disb 1,396,310.50
Jan 10, 2019 IDA-58270 Loan Disb 796,036.20
Oct 1, 2018 IDA-58270 Int Charges 95,087.15
Oct 1, 2018 IDA-58270 Int Charges 3,790.70
Oct 1, 2018 IDA-58270 Int Charges 60,446.99
Oct 1, 2018 IDA-58270 Int Charges 60,446.99
Oct 17, 2018 IDA-58270 Loan Disb 1,031,868.25
Oct 4, 2023 IDA-65060 Int Charges 53,427.20
Oct 4, 2023 IDA-65060 Int Charges 88,438.11
Oct 1, 2023 IDA-58270 Loan Repay 3,495.76
Oct 3, 2023 IDA-58270 Int Charges 162,523.14
May 8, 2024 IDA-65060 Loan Disb 1,279,989.90
May 8, 2024 IDA-65060 Loan Disb 470,778.44
Apr 1, 2024 IDA-65060 Int Charges 65,942.75
Apr 1, 2024 IDA-65060 Int Charges 65,942.75
Apr 1, 2024 IDA-58270 Int Charges 97,006.31
Apr 1, 2024 IDA-58270 Int Charges 97,006.31
Apr 1, 2024 IDA-58270 Int Charges 161,677.16
Apr 1, 2024 IDA-58270 Loan Repay 205,452.22
Apr 1, 2024 IDA-58270 Int Charges 19.25
Apr 1, 2024 IDA-58270 Int Charges 19.25
Apr 1, 2024 IDA-58270 Int Charges 32.06
Apr 1, 2024 IDA-58270 Loan Repay 241,827.77
Apr 1, 2024 IDA-65060 Int Charges 109,904.57
Apr 1, 2024 IDA-65060 Int Charges 613.92
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2024-06-28
Procurement Satisfactory 2024-06-28
Counterpart Funding Satisfactory 2024-06-28
Overall Implementation Progress (IP) Satisfactory 2024-06-28
Progress towards achievement of PDO Satisfactory 2024-06-28
Financial Management Satisfactory 2024-06-28
Monitoring and Evaluation Satisfactory 2024-06-28

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-16-2024
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct project beneficiariesValue567762.00906803.00640000.00
    DateMarch 7, 2016December 30, 2022
    Comment
  • Female beneficiariesValue50.0048.9050.00
    DateMarch 7, 2016
    Comment
  • Ethnic BeneficiariesValue70.0082.9070.00
    DateMarch 7, 2016
    Comment
  • % reduction in time to access a health facilityValue0.0088.000.00
    DateSeptember 30, 2015June 1, 2021
    Comment
  • % reduction in time to access safe water sourcesValue0.0082.000.00
    DateSeptember 30, 2015July 1, 2021
    Comment
  • % reduction in travel time from village center to kumban center due to road improvementsValue0.0052.230.00
    DateSeptember 30, 2015December 30, 2022
    Comment
  • % reduction in time to access improved schoolsValue0.0083.900.00
    DateSeptember 30, 2015June 3, 2019
    Comment
  • Percentage of children 6–23 months from Farmer Nutrition Group households consuming foods from four or more recommended food groupsValue37.5037.500.00
    DateOctober 29, 2019June 1, 2021
    Comment
  • Kilograms of animal meat producedValue0.001800840.00527219.00
    DateOctober 29, 2019December 30, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • % Households in PRF beneficiary villages voting for village prioritiesValue60.0088.5070.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • % of registered grievances that are addressed according to agreed proceduresValue90.00100.0090.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • % of PRF Kumbans participating in DSEDP process promoting PRF KBPs and/or Village Development PlansValue0.0080.6050.00
    DateMarch 16, 2016September 30, 2021
    Comment
  • % of sub-projects of high technical qualityValue85.0093.000.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • # of individuals using loans from Self Help GroupsValue4054.0020972.008000.00
    DateDecember 15, 2015December 30, 2022
    Comment
  • % of households in PRF beneficiary villages satisfied with the participatory planning process supported by PRF IIIValue75.0098.400.00
    DateNovember 30, 2015April 30, 2023
    Comment
  • % of PRF built infrastructure of functioning qualityValue80.0092.0080.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • % of Village Self-Help Group Management Committee (VSMC) members that are femaleValue0.0080.000.00
    DateOctober 29, 2019December 30, 2022
    Comment
  • % of PRF III sub-project prioritized by womenValue91.0093.7090.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • # of sub projects implemented (by type)Value1426.003561.002100.00
    DateSeptember 30, 2015December 30, 2022
    Comment
  • Number of households who are members of Farmer Nutrition GroupsValue0.009578.000.00
    DateOctober 29, 2019December 30, 2022
    Comment
  • % of PRF III sub-projects prioritized by ethnic groupValue70.0083.5070.00
    DateNovember 30, 2015June 30, 2022
    Comment
  • % of Village Implementation Team (VIT) members that are femaleValue31.0050.900.00
    DateOctober 29, 2019December 30, 2022
    Comment
  • % of Self Help Group members who take at least two loansValue0.0024.6235.00
    DateOctober 29, 2019December 30, 2022
    Comment
  • # of communities able to plan, implement and monitor their Village Development PlansValue1124.001765.001508.00
    DateNovember 30, 2015December 30, 2022
    Comment
  • Number of women selected for Road Maintenance Groups who earn an income, as a % of the number of poor households in villageValue8.0020.400.00
    DateOctober 29, 2019February 12, 2023
    Comment
  • Increase in hectares of irrigated areaValue0.0049.320.00
    DateOctober 29, 2019December 30, 2022
    Comment