Skip to Main Navigation

DRC- SME Development and Growth Project

Abstract*

The Small Medium Enterprise Development and Growth Project of the Democratic Republic of Congo has the objective to support the growth of Micro, Small, and Medium-sized Enterprises (MSMEs) and increase employment and entrepreneurship opportunities for youth and women in select areas. This project is comprised to three components. (1) Support entrepreneurship opportunities for youth and women which will help support women who are self-employed, subsistence...

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

Show More

Development Objective

The project development objective is to support the growth of Micro, Small and Medium-sized Enterprises (MSMEs) and increase employment and entrepreneurship opportunities for youth and women in select areas.

Key Details

Project Details

  • P160806

  • Closed

  • Magueye Dia , Natalia Agapitova

  • Ministry of Finance

  • Congo, Democratic Republic of

  • August 9, 2017

  • (as of board presentation)

    July 6, 2018

  • November 20, 2019

  • US$ 100.00 million

  • B

  • June 19, 2024

  • June 28, 2024

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 100.00

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

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

Detailed Financial Activity as of January 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
May 16, 2024 IDA-62870 Int Charges 666,245.44
May 16, 2024 IDA-62870 Int Charges 666,245.44
Jun 27, 2024 IDA-62870 Loan Disb 2,010,177.50
May 1, 2024 IDA-62870 Loan Disb 3,072,984.20
May 19, 2023 IDA-62870 Int Charges 6,275.57
May 19, 2023 IDA-62870 Int Charges 6,275.57
May 19, 2023 IDA-62870 Int Charges 612,293.44
May 19, 2023 IDA-62870 Int Charges 612,293.44
Jun 26, 2023 IDA-62870 Loan Disb 1,130,987.50
Jun 12, 2023 IDA-62870 Loan Disb 420,933.40
Jun 12, 2023 IDA-62870 Loan Disb 889,953.80
Nov 15, 2023 IDA-62870 Int Charges 508.47
Nov 15, 2023 IDA-62870 Int Charges 508.47
Nov 15, 2023 IDA-62870 Int Charges 663,043.00
Nov 15, 2023 IDA-62870 Int Charges 663,043.00
Feb 15, 2023 IDA-62870 Loan Disb 451,102.62
May 5, 2023 IDA-62870 Loan Disb 1,298,232.40
Jan 17, 2023 IDA-62870 Loan Disb 1,739,164.60
Jan 17, 2023 IDA-62870 Loan Disb 8,000,000.00
Jan 14, 2021 IDA-62870 Int Charges 65,332.61
Jan 14, 2021 IDA-62870 Int Charges 65,332.61
Mar 23, 2021 IDA-62870 Loan Disb 329,677.60
Jan 19, 2021 IDA-62870 Loan Disb 464,891.20
Nov 19, 2020 IDA-62870 Loan Disb 363,952.22
May 26, 2020 IDA-62870 Int Charges 45,209.09
May 26, 2020 IDA-62870 Int Charges 45,209.09
Oct 8, 2020 IDA-62870 Loan Disb 1,189,414.40
Jul 10, 2020 IDA-62870 Loan Disb 331,962.88
Nov 20, 2019 IDA-62870 Loan Disb 1,735,851.60
Dec 31, 2019 IDA-62870 Loan Disb 6,300,000.00
Apr 2, 2020 IDA-62870 Loan Disb 186,195.69
Apr 20, 2020 IDA-62870 Loan Disb 642,502.10
Aug 23, 2021 IDA-62870 Loan Disb 380,236.94
Nov 22, 2021 IDA-62870 Int Charges 7,442.35
Nov 22, 2021 IDA-62870 Int Charges 7,442.35
Nov 22, 2021 IDA-62870 Int Charges 312,966.28
Nov 22, 2021 IDA-62870 Int Charges 312,966.28
Nov 23, 2021 IDA-62870 Loan Disb 445,784.80
Jun 10, 2022 IDA-62870 Loan Disb 441,074.47
Jun 24, 2022 IDA-62870 Loan Disb 991,677.56
Mar 17, 2022 IDA-62870 Loan Disb 179,435.62
Jun 4, 2021 IDA-62870 Loan Disb 13,168,958.00
May 15, 2021 IDA-62870 Int Charges 91,371.37
May 15, 2021 IDA-62870 Int Charges 91,371.37
May 15, 2021 IDA-62870 Int Charges 2,148.92
May 15, 2021 IDA-62870 Int Charges 2,148.92
Jun 8, 2021 IDA-62870 Loan Disb 13,560,094.00
Apr 23, 2021 IDA-62870 Loan Disb 306,887.44
Apr 9, 2021 IDA-62870 Loan Disb 3,402,184.00
Apr 22, 2021 IDA-62870 Loan Disb 1,897,571.40
May 20, 2021 IDA-62870 Loan Disb 431,292.40
Jun 28, 2021 IDA-62870 Loan Disb 921,941.60
Jun 22, 2021 IDA-62870 Loan Disb 231,614.12
Oct 19, 2021 IDA-62870 Loan Disb 465,280.40
Sep 17, 2021 IDA-62870 Loan Disb 457,222.00
Jul 29, 2020 IDA-62870 Loan Disb 140,054.33
Sep 21, 2020 IDA-62870 Loan Disb 201,072.06
Aug 21, 2020 IDA-62870 Loan Disb 191,748.22
Dec 4, 2020 IDA-62870 Loan Disb 1,460,538.90
Feb 17, 2021 IDA-62870 Loan Disb 163,321.89
Jan 14, 2021 IDA-62870 Int Charges 942.69
Jan 14, 2021 IDA-62870 Int Charges 942.69
Dec 21, 2021 IDA-62870 Loan Disb 1,466,059.90
Dec 19, 2022 IDA-62870 Loan Disb 1,123,005.40
Nov 22, 2022 IDA-62870 Loan Disb 707,331.30
Nov 23, 2022 IDA-62870 Loan Disb 939,931.60
Nov 21, 2022 IDA-62870 Loan Disb 1,533,208.20
Nov 15, 2022 IDA-62870 Int Charges 560.77
Nov 15, 2022 IDA-62870 Int Charges 560.77
Nov 15, 2022 IDA-62870 Int Charges 512,466.72
Nov 15, 2022 IDA-62870 Int Charges 512,466.72
Sep 22, 2022 IDA-62870 Loan Disb 3,023,161.80
Jun 29, 2022 IDA-62870 Loan Disb 1,143,208.80
Feb 15, 2022 IDA-62870 Loan Disb 7,377,000.00
Jun 7, 2022 IDA-62870 Int Charges 415,618.66
Jun 7, 2022 IDA-62870 Int Charges 415,618.66
Jun 7, 2022 IDA-62870 Int Charges 1,512.47
Jun 7, 2022 IDA-62870 Int Charges 1,512.47
May 11, 2022 IDA-62870 Loan Disb 977,536.10
Mar 3, 2022 IDA-62870 Loan Disb 2,901,000.00
Mar 3, 2022 IDA-62870 Loan Disb 7,377,000.00
Jan 24, 2022 IDA-62870 Loan Disb 1,021,645.70
Jul 6, 2018 IDA-62870 Loan Commitment 100,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Highly Satisfactory 2024-06-29
Procurement Satisfactory 2024-06-29
Financial Management Satisfactory 2024-06-29
Project Management Satisfactory 2024-06-29
Monitoring and Evaluation Highly Satisfactory 2024-06-29
Overall Implementation Progress (IP) Highly Satisfactory 2024-06-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Net full-time equivalent jobs created among beneficiary MSMEsValue0.003729.00500.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Number of new firms established by targeted beneficiariesValue0.000.00500.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • % Increase in average revenue of beneficiary MSMEsValue0.000.005.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • (of which female-owned).Value0.000.00300.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • (of which young entrepreneurs)Value0.000.00300.00
    DateJuly 9, 2018
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of female micro-entrepreneurs who received trainingValue0.003025.00500.00
    DateJuly 9, 2018December 31, 2021July 9, 2021
    Comment
  • Number of SME recipients of the matching grantsValue0.00436.00200.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Percentage of grievances that were responded to (Citizen Engagement)Value0.00100.00100.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Number of female micro-entrepreneurs who received cash subsidiesValue0.003750.000.00
    DateJuly 9, 2018December 31, 2021July 11, 2022
    Comment
  • Total number of participants in the capacity building/training events heldValue0.001997.00100.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • (out of which female-owned)Value0.000.0080.00
    DateJuly 9, 2018
    Comment
  • Number of young entrepreneurs who receive trainingValue0.001395.00200.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Percentage of participants in the capacity building/training events held who reported that their knowledge/skills was enhanced after the trainingValue0.0092.0085.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • (out of which young entrepreneurs)Value0.000.0030.00
    DateJuly 9, 2018
    Comment
  • Number of public awareness/dissemination events deliveredValue0.0099.0048.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Total value of funds allocated to SME recipients of the matching grantValue0.0026729052.8720000000.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Implemented reforms supporting private sector developmentValue0.002.001.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Share of new firms supported under the Business Plan Competition (BPC) that are still operating 24 months after receiving assistance (financial and non-financial)Value0.000.000.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Number of SME Hubs establishedValue0.002.001.00
    DateJuly 9, 2018December 31, 2021
    Comment
  • Number of SMEs renting space and operating in SME hubsValue0.0050.000.00
    DateJuly 9, 2018December 31, 2021
    Comment