| Financier | Commitments |
|---|---|
| Miscellaneous 1 | 35.00 |
Sint Maarten Enterprise Support Project
Abstract*
The development objective of the Enterprise Recovery Project for Sint Maarten is to support the recovery of micro, small, and medium sized enterprises through direct financial assistance to contribute to the restoration of economic activity.It has three components. First component, Direct financial support to Micro, Small, and Medium Enterprises (MSMEs) for investment and working capital will provide tailored packages to eligible enterprises of grants... Show More
Development Objective
The development objective is to support the recovery of micro, small, and medium sized enterprises through direct financial assistance to contribute to the restoration of economic activity.
Key Details
Project Details
P168549
Active
Melissa Metz
National Recovery Program Bureau
St Maarten
November 13, 2018
(as of board presentation)
April 4, 2019
May 5, 2020
US$ 35.00 million
National Recovery Program Bureau
2019
US$ 35.00 million
F
Not Applicable
June 30, 2028
Yes
BANK APPROVED
February 5, 2024
Finances
Financing Plan (US$ Millions)
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 | 35.00 |
| Total Project Cost** | 35.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-02-26 |
| Monitoring and Evaluation | Satisfactory | 2025-02-26 |
| Progress towards achievement of PDO | Satisfactory | 2025-02-26 |
| Procurement | Highly Satisfactory | 2025-02-26 |
| Financial Management | Satisfactory | 2025-02-26 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-02-26 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Cumulative number of MSMEs receiving packages for assets, repairs or working capital Value 0.00 240.00 300.00 Date February 28, 2019 January 15, 2024 June 30, 2028 Comment Cumulative number of women owned or managed MSMEs receiving packages for assets, repairs or working capital Value 0.00 93.00 120.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment Volume of grants and loans supported through the project over its lifetime Value 0.00 15700000.00 21000000.00 Date December 21, 2018 December 29, 2023 June 30, 2028 Comment Volume of grants and loans supported through the project to women owned or managed MSMEs over its lifetime Value 0.00 5500000.00 8400000.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment Jobs created and supported through the project Value 0.00 0.00 500.00 Date June 30, 2023 December 29, 2023 June 30, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Cumulative number of MSMEs that are new for participating lenders Value 0.00 70.00 180.00 Date February 28, 2019 December 29, 2023 December 29, 2028 Comment Cumulative Number of enterprises trained in business fundamentals Value 0.00 169.00 200.00 Date December 21, 2018 December 29, 2023 June 30, 2028 Comment Percentage of beneficiaries that feel project activities reflected their needs Value 0.00 91.00 75.00 Date December 21, 2018 December 29, 2023 June 30, 2028 Comment Percentage of loan packages that are less than US$25,000 Value 0.00 22.00 15.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment Percentage of MSME packages that are non-performing Value 0.00 2.00 10.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment Cumulative number of packages supported through the project Value 0.00 277.00 350.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment Cumulative number of MSMEs that are new and are receiving packages Value 0.00 70.00 120.00 Date December 28, 2018 December 29, 2023 June 30, 2028 Comment