OECS Regional Agriculture Competitiveness Project

Abstract*

The development objective of Regional Agricultural Competitiveness Project for OECS countries is to enhance access to markets and sales for competitively selected farmers and fishers, as well as their allied aggregators and agro-processors, in Grenada and St. Vincent and the Grenadines. This project has four components. 1) The first component, Support for Preparation of Business Plans, aims to: (a) promote an understanding of the Project’s scope and... Show More

Development Objective

The proposed Project Development Objective (PDO) is to enhance access to markets and sales for competitively selected farmers and fishers, as well as their allied aggregators and agro-processors, in Grenada and St. Vincent and the Grenadines.

Key Details

Project Details

Project ID
P158958
Status
Closed
Team Leader
Winston Dawes , Hira Channa
Borrower 2
Grenada - Ministry of Finance, Planning, Economic Development and Physical Development,SVG - Ministry of Finance, Economic Planning, Sustainable Development and Information Technology

Country
OECS Countries
Disclosure Date
January 19, 2017
Approval Date
(as of board presentation)
May 25, 2017
Effective Date
September 12, 2017

Total Project Cost 1
US$ 9.66 million
Implementing Agency
SVG - Ministry of Agriculture, Forestry, Fisheries and Rural Transformation,Grenada - Ministry of Agriculture and Lands
Region
Latin America and Caribbean
Fiscal Year 3
2017

Commitment Amount
US$ 8.30 million
Environmental Category
B
Last Update Date
April 10, 2024
Closing Date
August 31, 2023

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

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 - Environment and Natural Resource Management

FY17 - Climate change54%
- FY17 - Adaptation28%
- FY17 - Mitigation26%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management9%
- FY17 - Flood and Drought Risk Management9%
FY17 - Rural Development100%
- FY17 - Rural Infrastructure and service delivery91%
- FY17 - Rural Markets100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	6.50
International Bank for Reconstruction and Development	1.80
Local Beneficiaries	1.36

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	1.80
IDA Commitment	6.50
IBRD + IDA Commitment	8.30

Lending Instrument
Grant Amount	N/A
Total Project Cost**	9.66

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Feb 13, 2024	IBRD-87580	Loan Disb	-104,102.90
Jul 15, 2024	IDA-60640	Int Charges	4,449.24
Jul 15, 2024	IDA-60640	Int Charges	4,449.24
May 25, 2017	IDA-60630	Loan Commitment	2,200,000.00
May 25, 2017	IDA-60640	Loan Commitment	4,300,000.00
May 25, 2017	IBRD-87580	Loan Commitment	1,800,000.00
Sep 15, 2022	IDA-60630	Int Charges	60.93
Sep 15, 2022	IDA-60630	Int Charges	60.93
Sep 15, 2022	IDA-60630	Int Charges	9,912.85
Sep 15, 2022	IDA-60630	Int Charges	9,912.85
Sep 15, 2022	IBRD-87580	Int Charges	22.76
Sep 15, 2022	IBRD-87580	Int Charges	143.46
Sep 15, 2022	IBRD-87580	Int Charges	892.50
Sep 15, 2022	IBRD-87580	Int Charges	15,513.63
Dec 14, 2022	IBRD-87580	Loan Disb	500,000.00
Nov 4, 2022	IBRD-87580	Loan Disb	28,869.25
Nov 4, 2022	IDA-60630	Loan Disb	103,338.64
Dec 14, 2022	IDA-60630	Loan Disb	512,745.94
Mar 15, 2023	IBRD-87580	Int Charges	421.95
Mar 15, 2023	IBRD-87580	Int Charges	40,289.71
Jan 15, 2023	IDA-60640	Int Charges	4,449.24
Jan 15, 2023	IDA-60640	Int Charges	4,449.24
Mar 15, 2023	IDA-60630	Int Charges	12,261.47
Mar 15, 2023	IDA-60630	Int Charges	12,261.47
Sep 15, 2023	IBRD-87580	Int Charges	105.56
Sep 15, 2023	IDA-60630	Int Charges	14,218.98
Sep 15, 2023	IDA-60630	Int Charges	14,218.98
Sep 15, 2023	IBRD-87580	Int Charges	58,771.44
Jul 15, 2023	IDA-60640	Int Charges	4,449.24
Jul 15, 2023	IDA-60640	Int Charges	4,449.24
Sep 19, 2023	IBRD-87580	Loan Disb	-242,923.88
Feb 15, 2024	IBRD-87580	Loan Cancel	430,793.38
Jan 31, 2024	IDA-60630	Loan Cancel	154,105.84
Jan 15, 2024	IDA-60640	Int Charges	4,449.24
Jan 15, 2024	IDA-60640	Int Charges	4,449.24
Jan 17, 2024	IBRD-87580	Loan Disb	242,923.88
Jan 17, 2024	IBRD-87580	Loan Disb	-242,923.88
Mar 15, 2024	IBRD-87580	Int Charges	55,165.25
Mar 15, 2024	IBRD-87580	Int Charges	336.85
Mar 15, 2024	IDA-60630	Int Charges	14,218.98
Mar 15, 2024	IDA-60630	Int Charges	14,218.98
Jun 8, 2021	IDA-60630	Loan Disb	875,792.56
Mar 1, 2021	IDA-60640	Loan Cancel	3,398,427.00
Sep 15, 2021	IDA-60630	Int Charges	5,507.56
Sep 15, 2021	IDA-60630	Int Charges	5,507.56
Sep 15, 2021	IBRD-87580	Int Charges	24.21
Sep 15, 2021	IBRD-87580	Int Charges	1,365.00
Sep 15, 2021	IBRD-87580	Int Charges	6,742.00
Sep 15, 2021	IBRD-87580	Int Charges	3.54
Feb 24, 2022	IBRD-87580	Loan Disb	174,974.47
Feb 24, 2022	IDA-60630	Loan Disb	75,136.23
Jun 9, 2022	IBRD-87580	Loan Disb	204,407.44
Mar 15, 2022	IDA-60630	Int Charges	8,803.59
Mar 15, 2022	IDA-60630	Int Charges	8,803.59
Mar 15, 2022	IBRD-87580	Int Charges	1,267.58
Mar 15, 2022	IBRD-87580	Int Charges	6,870.48
Jun 9, 2022	IDA-60630	Loan Disb	7,499.55
Jul 15, 2022	IDA-60640	Int Charges	4,852.94
Jul 15, 2022	IDA-60640	Int Charges	4,852.94
Jan 15, 2022	IDA-60640	Int Charges	-6,324.86
Jan 15, 2022	IDA-60640	Int Charges	6,324.86
Jan 15, 2022	IDA-60640	Int Charges	4,300.16
Jan 15, 2022	IDA-60640	Int Charges	4,300.16
Jan 15, 2022	IDA-60640	Int Charges	1,965.76
Jan 15, 2022	IDA-60640	Int Charges	1,965.76
Feb 25, 2022	IDA-60640	Loan Cancel	261,394.05
Feb 25, 2022	IDA-60640	Loan Disb	-261,394.05
Dec 21, 2021	IDA-60630	Loan Disb	150,881.20
Dec 21, 2021	IBRD-87580	Loan Disb	91,086.60
Sep 15, 2019	IBRD-87580	Int Charges	2,181.69
Sep 15, 2019	IBRD-87580	Int Charges	1,524.27
Sep 15, 2019	IDA-60630	Int Charges	2,227.50
Sep 15, 2019	IDA-60630	Int Charges	2,227.50
Jan 15, 2020	IDA-60640	Int Charges	2,756.23
Mar 15, 2020	IDA-60630	Int Charges	2,227.50
Mar 15, 2020	IDA-60630	Int Charges	2,227.50
Mar 15, 2020	IBRD-87580	Int Charges	2,092.54
Mar 15, 2020	IBRD-87580	Int Charges	2,235.32
Jan 15, 2020	IDA-60640	Int Charges	2,756.23
Jun 2, 2020	IDA-60640	Loan Disb	45,000.00
Oct 15, 2020	IBRD-87580	Loan Disb	424,889.60
Jul 15, 2020	IDA-60640	Int Charges	3,868.20
Jul 15, 2020	IDA-60640	Int Charges	3,868.20
Sep 15, 2020	IDA-60630	Int Charges	2,227.50
Sep 15, 2020	IDA-60630	Int Charges	2,227.50
Sep 15, 2020	IBRD-87580	Int Charges	2,112.08
Sep 15, 2020	IBRD-87580	Int Charges	1,459.76
Mar 15, 2021	IBRD-87580	Int Charges	1,637.59
Mar 15, 2021	IBRD-87580	Int Charges	4,599.17
Mar 12, 2021	IBRD-87580	Loan Disb	172,506.08
Jan 15, 2021	IDA-60640	Int Charges	74.70
Jan 15, 2021	IDA-60640	Int Charges	74.70
Jan 15, 2021	IDA-60640	Int Charges	4,180.92
Jan 15, 2021	IDA-60640	Int Charges	4,180.92
Nov 30, 2020	IDA-60640	Loan Disb	300,000.00
Apr 30, 2021	IDA-60630	Int Charges	2,227.50
Apr 30, 2021	IDA-60630	Int Charges	2,227.50
Jul 15, 2021	IDA-60640	Int Charges	521.25
Jul 15, 2021	IDA-60640	Int Charges	521.25
Jul 15, 2021	IDA-60640	Int Charges	3,778.91
Jul 15, 2021	IDA-60640	Int Charges	3,778.91
Jul 15, 2021	IDA-60640	Int Charges	2,487.01
Jul 15, 2021	IDA-60640	Int Charges	2,487.01
Jan 4, 2018	IDA-60640	Loan Disb	265,673.00
Mar 15, 2018	IBRD-87580	Int Charges	2,177.27
Mar 15, 2018	IBRD-87580	Int Charges	62.21
Oct 6, 2017	IBRD-87580	Loan Disb	4,500.00
Oct 6, 2017	IBRD-87580	Fee Charges	4,500.00
Feb 28, 2018	IDA-60630	Loan Disb	320,500.00
Jul 15, 2018	IDA-60640	Int Charges	1,846.44
Jul 15, 2018	IDA-60640	Int Charges	112.84
Jul 15, 2018	IDA-60640	Int Charges	112.84
Jul 15, 2018	IDA-60640	Int Charges	1,846.44
Sep 15, 2018	IDA-60630	Int Charges	210.37
Sep 15, 2018	IDA-60630	Int Charges	210.37
Sep 15, 2018	IDA-60630	Int Charges	2,227.50
Sep 15, 2018	IDA-60630	Int Charges	2,227.50
Sep 15, 2018	IBRD-87580	Int Charges	2,262.84
Sep 15, 2018	IBRD-87580	Int Charges	90.77
Jan 15, 2019	IDA-60640	Int Charges	1,846.44
Jan 15, 2019	IDA-60640	Int Charges	1,846.44
Mar 15, 2019	IBRD-87580	Int Charges	0.07
Mar 15, 2019	IBRD-87580	Int Charges	2,225.94
Mar 15, 2019	IBRD-87580	Int Charges	95.49
Mar 15, 2019	IDA-60630	Int Charges	2,227.50
Mar 15, 2019	IDA-60630	Int Charges	2,227.50
Jun 4, 2019	IBRD-87580	Loan Disb	115,000.00
Jul 15, 2019	IDA-60640	Int Charges	1,846.44
Jul 15, 2019	IDA-60640	Int Charges	1,846.44
Oct 24, 2019	IDA-60640	Loan Disb	290,900.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Unsatisfactory	2023-02-07
Counterpart Funding	Satisfactory	2023-02-07
Overall Implementation Progress (IP)	Moderately Satisfactory	2023-02-07
Progress towards achievement of PDO	Moderately Satisfactory	2023-02-07
Project Management	Moderately Satisfactory	2023-02-07
Financial Management	Moderately Satisfactory	2023-02-07
Monitoring and Evaluation	Moderately Satisfactory	2023-02-07

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-02-2024
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-19-2024	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	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	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Market Access Compliance Score for sales from all participating AAs complying with the buyers' specifications as per the agreed Business Plans per semester (on a 0 to 3 scale).	Value	0.00	2.60	2.60
	Date	August 1, 2017	August 31, 2023	April 1, 2021
	Comment

Market Access Compliance Score for participating farmers and fishers supplying products to their allied AAs in accordance with the agreed Business Plan per semester (on a 0 to 3 scale).	Value	0.00	2.40	2.20
	Date	August 1, 2017	August 31, 2023	April 1, 2021
	Comment

Percentage increase in the value of gross sales made by aggregators and agro-processors participating in the project to their finalbuyers.	Value	0.00	71.00	20.00
	Date	August 1, 2017	August 31, 2023	April 1, 2021
	Comment

Direct project beneficiaries Value 0.00 551.00 900.00
Date August 1, 2017 August 31, 2023 April 1, 2021
Comment
Percentage increase in the average annual sales of farmers and fishers participating in strategic alliances under the project Value 0.00 82.00 20.00
Date August 1, 2017 August 31, 2023 April 1, 2021
Comment
Female beneficiaries Value 0.00 0.00 15.00
Date August 1, 2017 April 6, 2018
Comment
Percentage of young direct project beneficiaries Value 0.00 0.00 20.00
Date August 1, 2017 April 6, 2018
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Participating FFs and AAs adopting an improved agricultural technology promoted by the Project Value 0.00 90.00 186.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Female clients (FFs and AAs) who have adopted an improved agricultural technology promoted by the Project Value 0.00 7.00 47.00
Date August 1, 2017 March 31, 2022 April 1, 2021
Comment
Young clients who have adopted an improved technology promoted by the Project Value 0.00 15.00 47.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Number of approved business proposals developed into an evaluated business plan Value 0.00 12.00 20.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Private Capital Mobilized Value 0.00 760565.00 530000.00
Date August 1, 2017 August 31, 2023 April 1, 2021
Comment
Number of public extension officers that were trained Value 0.00 53.00 73.00
Date August 1, 2017 August 31, 2023 April 1, 2021
Comment
Increase in labor productivity of benefitting farmers and fishers Value 0.00 123.00 10.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Number of business proposals submitted and evaluated Value 0.00 31.00 29.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Number of input suppliers that participate and benefit through the voucher system Value 0.00 29.00 11.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment
Percentage of complaints solved by the Grievance Redress Mechanism of the Project Value 0.00 100.00 100.00
Date August 1, 2017 September 30, 2022 April 1, 2021
Comment

Direct project beneficiaries	Value	0.00	551.00	900.00
	Date	August 1, 2017	August 31, 2023	April 1, 2021
	Comment

Female beneficiaries	Value	0.00	0.00	15.00
	Date	August 1, 2017	April 6, 2018
	Comment

Private Capital Mobilized	Value	0.00	760565.00	530000.00
	Date	August 1, 2017	August 31, 2023	April 1, 2021
	Comment

Number of approved business proposals developed into an evaluated business plan	Value	0.00	12.00	20.00
	Date	August 1, 2017	September 30, 2022	April 1, 2021
	Comment

Number of input suppliers that participate and benefit through the voucher system	Value	0.00	29.00	11.00
	Date	August 1, 2017	September 30, 2022	April 1, 2021
	Comment