| Financier | Commitments |
|---|---|
| IDA Credit | 10.00 |
| IDA Grant | 10.00 |
Comoros Financial Inclusion Project
Abstract*
This project is designed to support financial sector development that is consistent with inclusive growth. The project aims “To increase access to and usage of financial services for adults” through investments and support to improve payment systems, access to financial services, and institutional capacity of the supervisor to promote financial sector stability and integrity. Component 1 supports Increasing Access to and Usage of Financial Services... Show More
Development Objective
To increase access to and usage of financial services for adults.
Key Details
Project Details
P166193
Active
Noro Andriamihaja , Brinda Dabysing
The Union of Comoros
February 5, 2019
(as of board presentation)
July 9, 2020
February 2, 2021
US$ 20.00 million
Banque Centrale des Comores
2021
US$ 20.00 million
N/A
Low
June 30, 2025
No
BANK APPROVED
May 29, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 20.00 |
| IBRD + IDA Commitment | 20.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 20.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 15, 2021 | IDA-67070 | Int Charges | 15.28 |
| Dec 21, 2022 | IDA-67070 | Int Charges | 1,201.68 |
| Dec 21, 2022 | IDA-67070 | Int Charges | 1,201.68 |
| Mar 12, 2024 | IDA-D6760 | Loan Disb | 266,280.00 |
| Jul 9, 2020 | IDA-67070 | Loan Commitment | 10,000,000.00 |
| Jul 9, 2020 | IDA-D6760 | Loan Commitment | 10,000,000.00 |
| Jun 22, 2022 | IDA-D6760 | Loan Disb | 41,347.68 |
| Aug 19, 2022 | IDA-D6760 | Loan Disb | 83,929.40 |
| Jan 25, 2022 | IDA-D6760 | Loan Disb | 36,843.80 |
| Dec 15, 2021 | IDA-D6760 | Loan Disb | 56,604.50 |
| Sep 22, 2023 | IDA-D6760 | Loan Disb | 119,338.28 |
| Jun 28, 2023 | IDA-D6760 | Loan Disb | 17,495.06 |
| Aug 15, 2023 | IDA-D6760 | Loan Disb | 99,090.63 |
| Jul 18, 2023 | IDA-D6760 | Loan Disb | 26,193.02 |
| Feb 24, 2023 | IDA-D6760 | Loan Disb | 193,093.90 |
| Mar 27, 2023 | IDA-D6760 | Loan Disb | 224,399.84 |
| Apr 12, 2023 | IDA-D6760 | Loan Disb | 544,263.70 |
| Mar 14, 2024 | IDA-D6760 | Loan Disb | 246,017.69 |
| Jan 12, 2024 | IDA-D6760 | Loan Disb | 274,515.40 |
| Oct 6, 2023 | IDA-D6760 | Loan Disb | 305,911.30 |
| Apr 9, 2024 | IDA-D6760 | Loan Cancel | 2,001,674.00 |
| Dec 11, 2023 | IDA-D6760 | Loan Disb | 370,616.25 |
| Nov 28, 2023 | IDA-D6760 | Loan Disb | 130,343.61 |
| Oct 17, 2023 | IDA-D6760 | Loan Disb | 219,014.98 |
| Jun 13, 2023 | IDA-D6760 | Loan Disb | 139,491.52 |
| Jun 12, 2023 | IDA-D6760 | Loan Disb | 399,568.53 |
| Jun 26, 2023 | IDA-D6760 | Loan Disb | 168,512.70 |
| May 22, 2023 | IDA-D6760 | Loan Disb | 47,515.02 |
| Mar 6, 2024 | IDA-D6760 | Loan Disb | 199,784.27 |
| Mar 6, 2024 | IDA-D6760 | Loan Disb | 199,784.27 |
| Feb 13, 2024 | IDA-D6760 | Loan Disb | 377,792.30 |
| Mar 11, 2021 | IDA-D6760 | Loan Disb | 972,748.00 |
| Jun 27, 2022 | IDA-D6760 | Loan Disb | 85,802.67 |
| Apr 21, 2022 | IDA-D6760 | Loan Disb | 52,336.05 |
| Feb 18, 2022 | IDA-D6760 | Loan Disb | 107,283.18 |
| Dec 8, 2021 | IDA-D6760 | Loan Disb | 164,889.77 |
| Jul 22, 2022 | IDA-D6760 | Loan Disb | 27,707.35 |
| Mar 16, 2022 | IDA-D6760 | Loan Disb | 24,638.25 |
| Nov 2, 2021 | IDA-D6760 | Loan Disb | 36,572.42 |
| Sep 3, 2021 | IDA-D6760 | Loan Disb | 137,482.62 |
| Feb 16, 2023 | IDA-D6760 | Loan Disb | 340,000.00 |
| Jan 20, 2023 | IDA-D6760 | Loan Disb | 105,895.67 |
| Dec 8, 2022 | IDA-D6760 | Loan Disb | 101,279.10 |
| Sep 20, 2022 | IDA-D6760 | Loan Disb | 27,012.34 |
| Oct 14, 2022 | IDA-D6760 | Loan Disb | 67,731.20 |
| Dec 23, 2021 | IDA-D6760 | Loan Disb | 268,432.30 |
| Dec 23, 2022 | IDA-D6760 | Loan Disb | 141,549.38 |
| Dec 24, 2021 | IDA-67070 | Int Charges | 1,268.07 |
| Dec 24, 2021 | IDA-67070 | Int Charges | 1,268.07 |
| Jun 15, 2023 | IDA-67070 | Int Charges | 1,228.42 |
| Jun 15, 2023 | IDA-67070 | Int Charges | 1,228.42 |
| Dec 15, 2023 | IDA-67070 | Int Charges | 1,242.81 |
| Apr 9, 2024 | IDA-67070 | Loan Cancel | 3,000,000.50 |
| Dec 15, 2023 | IDA-67070 | Int Charges | 1,242.81 |
| Jul 9, 2024 | IDA-67070 | Loan Disb | 236,291.84 |
| Jun 15, 2024 | IDA-67070 | Int Charges | 1,212.10 |
| Jun 15, 2024 | IDA-67070 | Int Charges | 1,212.10 |
| Jul 8, 2024 | IDA-67070 | Loan Disb | 417,436.72 |
| Feb 2, 2021 | IDA-67070 | Loan Disb | 434,572.88 |
| Jun 15, 2021 | IDA-67070 | Int Charges | 1,196.80 |
| Jun 15, 2021 | IDA-67070 | Int Charges | 1,196.80 |
| Jun 4, 2021 | IDA-67070 | Loan Disb | -71,683.12 |
| Jun 15, 2022 | IDA-67070 | Int Charges | 669.12 |
| Jun 15, 2022 | IDA-67070 | Int Charges | 669.12 |
| Jun 16, 2022 | IDA-67070 | Int Charges | 514.78 |
| Jun 16, 2022 | IDA-67070 | Int Charges | 514.78 |
| Dec 15, 2021 | IDA-67070 | Int Charges | 15.28 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2025-03-31 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-03-31 |
| Progress towards achievement of PDO | Satisfactory | 2025-03-31 |
| Procurement | Satisfactory | 2025-03-31 |
| Project Management | Satisfactory | 2025-03-31 |
| Financial Management | Satisfactory | 2025-03-31 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of transaction accounts per 1,000 adults Value 361.14 905.00 450.00 Date July 1, 2020 January 31, 2024 June 30, 2025 Comment Number of digital retail transactions per 1,000 adults Value 0.00 0.00 1500.00 Date July 1, 2020 January 31, 2024 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of financial institutions connected to the ATS+ Value 0.00 0.00 6.00 Date July 1, 2020 February 29, 2024 June 30, 2025 Comment Percentage of complaints received through the grievance redress mechanism, which are addressed Value 0.00 0.00 100.00 Date July 1, 2020 October 5, 2020 June 30, 2025 Comment Number of transaction accounts per 1,000 adult women Value 163.00 163.00 200.00 Date July 1, 2020 February 29, 2024 June 30, 2025 Comment Number of risk-based supervision manuals, processes, and tools adopted Value 0.00 0.00 7.00 Date July 1, 2020 February 28, 2029 June 30, 2025 Comment