Second Additional Financing for the Afghanistan Rural Enterprise Development Project

Development Objective

Increased income and sustainable employment opportunities for men and women through supported rural enterprises.

Key Details

Project Details

Project ID
P163525
Status
Closed
Team Leader
Abimbola Adubi , Azada Hussaini
Borrower 2
N/A

Country
Afghanistan
Disclosure Date
June 15, 2017
Approval Date
(as of board presentation)
November 21, 2017
Effective Date
N/A

Total Project Cost 1
US$ 5.00 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2018

Commitment Amount
US$ 5.00 million
Environmental Category
B
Last Update Date
March 8, 2022
Closing Date
June 30, 2018

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Parent Projects
P110407

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 change5%
- FY17 - Adaptation5%

FY17 - Human Development and Gender

FY17 - Gender100%

FY17 - Private Sector Development

FY17 - Enterprise Development100%
- FY17 - Entrepreneurship92%
- FY17 - MSME Development64%
FY17 - Jobs100%
- FY17 - Job Creation100%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management5%
- FY17 - Flood and Drought Risk Management5%
FY17 - Rural Development100%
- FY17 - Rural Markets100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Afghanistan Resilience Trust Fund	5.00

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	5.00
Total Project Cost**	5.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Satisfactory	2018-06-28
Procurement	Satisfactory	2018-06-28
Progress towards achievement of PDO	Satisfactory	2018-06-28
Financial Management	Satisfactory	2018-06-28
Monitoring and Evaluation	Satisfactory	2018-06-28
Overall Implementation Progress (IP)	Satisfactory	2018-06-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

60% of Enterprise Groups (EGs) will have increased their net revenues by over 20%. At least 50% female.	Value	1	82% overallof this, 63% female	60% of Enterprise Groups
	Date	June 14, 2010	October 31, 2016	June 30, 2018
	Comment

80% of EGs supported by the Project will still be operating 2 years after start up. At least 35% will be female Value 1 94% 80% of EGs
Date June 14, 2010 October 31, 2016 June 30, 2018
Comment

At least 35% of participating enterprises will have increased direct and/or indirect employment by at least 30% (Of these at least 35% will be women)	Value	1	36% overall of this, 59% female	At least 35% of participating SMEs and EGs or thei
	Date	June 14, 2010	October 31, 2016	June 30, 2018
	Comment

Direct project beneficiaries Value 1.00 69427.00 68500.00
Date June 14, 2010 October 31, 2016 June 30, 2018
Comment
At least 90% of project beneficiaries have access to financial services Value 1.00 100.00 90.00
Date June 14, 2010 October 31, 2016 June 30, 2018
Comment
Female beneficiaries Value 1.00 56.00 50.00
Date June 14, 2010 October 31, 2016 June 30, 2018
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

At least 40% of loan-able funds are in circulation at any given time Value 1 95% 40% of loanable funds
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
25% of SG members have accessed and repaid loans Value 1 37% 25% SGs
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
At least 70% of viable SGs federate into VSLAs Value 1 70% 60% / Est. 3,900 SGs and 390 VSLAs
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
VSLAs maintain at least 95% repayment rate on loans and at any given time have at least 60% of loanable funds Value 1 92% 95% repayment rate.
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
At least 30% increase in direct/and or indirect employment Value 1 25.6% 20% increase
Date June 14, 2010 November 13, 2016 June 30, 2018
Comment

Project management's development and accreditation of technical and professional service providers results in at least 20 project supported BDS service providers providing paidfor services	Value	0	20	20 standing offers for services delivered/province
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

Project management takes and records all necessary actions related to findings of regular monitoring, evaluation and learning reports	Value	1	100%	Satisfactory
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

All complaints received by Project and field staff are addressed within an established timeframe adn according to agreed standards	Value	No complaints	99% of the received complaints are addressed	100% disposed
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

Project management satisfactorily addresses the findings of the statutory audit conductd by the Auditor General for all IDA-fonanced/managed projects; and findings from an additional commercial audit	Value	No issues	Findings addressed within 3 months	Findings addressed within 3 months
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

At least 60% SGs and 80% VSLAs receive seed capital Value 1.00 38.00 60.00
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
50% of the supported SMEs report increased net revenues Value 1.00 77.00 50.00
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment
At least 15% of project supported SMEs are female owned Value 1.00 13.00 15.00
Date June 14, 2010 November 14, 2016 June 30, 2018
Comment

Facilitating partners for social mobilization identified and procurement arrangements for them agreed between WB, MRRD and MoF	Value	20170530	20170530	20180630
	Date	May 30, 2017	May 30, 2017	June 30, 2018
	Comment

District situation analysis completed for new target provinces. Value 20170530 20170530 20180630
Date May 30, 2017 May 30, 2017 June 30, 2018
Comment

Facilitating partners for social mobilization identified and procurement arrangements for them agreed between WB, MRRD and MoF.	Value	20170530	20170530	20180630
	Date	May 30, 2017	May 30, 2017	June 30, 2018
	Comment

Provincial situation analysis completed for at least 5 provinces. Value 20170530 20170530 20180630
Date May 30, 2017 May 30, 2017 June 30, 2018
Comment
Review of women-led SMEs completed, their challenges and needs identified Value 0.00 0.00 1.00
Date May 17, 2017 May 30, 2017 June 30, 2018
Comment
Assessment on cost effectiveness and technical capabilities of facilitating partners completed Value 0.00 0.00 1.00
Date May 30, 2017 May 30, 2017 June 30, 2018
Comment
Value chain and sub-sector analysis completed in key identified sector i.e. poultry, fisheries, handicraft Value 0.00 0.00 0.00
Date May 30, 2017 May 30, 2017 June 30, 2018
Comment

80% of EGs supported by the Project will still be operating 2 years after start up. At least 35% will be female	Value	1	94%	80% of EGs
	Date	June 14, 2010	October 31, 2016	June 30, 2018
	Comment

Direct project beneficiaries	Value	1.00	69427.00	68500.00
	Date	June 14, 2010	October 31, 2016	June 30, 2018
	Comment

Female beneficiaries	Value	1.00	56.00	50.00
	Date	June 14, 2010	October 31, 2016	June 30, 2018
	Comment

At least 40% of loan-able funds are in circulation at any given time	Value	1	95%	40% of loanable funds
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

25% of SG members have accessed and repaid loans	Value	1	37%	25% SGs
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

At least 70% of viable SGs federate into VSLAs	Value	1	70%	60% / Est. 3,900 SGs and 390 VSLAs
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

VSLAs maintain at least 95% repayment rate on loans and at any given time have at least 60% of loanable funds	Value	1	92%	95% repayment rate.
	Date	June 14, 2010	November 14, 2016	June 30, 2018
	Comment

At least 30% increase in direct/and or indirect employment	Value	1	25.6%	20% increase
	Date	June 14, 2010	November 13, 2016	June 30, 2018
	Comment

Review of women-led SMEs completed, their challenges and needs identified	Value	0.00	0.00	1.00
	Date	May 17, 2017	May 30, 2017	June 30, 2018
	Comment

Second Additional Financing for the Afghanistan Rural Enterprise Development Project

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS