Rural Enterprise and Economic Development Project

Abstract*

The project has five components: Component 1 will support market linkages; Component 2 will support a set of broader activities that enhance the entrepreneurship ecosystem under federalism, contributing in turn to the sustainability of Component 1. Component 3 will provide support to specifically restore COVID-19-disrupted food and agriculture supply chains while creating short term rural employment opportunities to alleviate the impact of COVID-19.... Show More

Development Objective

To strengthen rural market linkages and entrepreneurship ecosystem.

Key Details

Project Details

Project ID
P170215
Status
Active
Team Leader
Maha Ahmed
Borrower 2
Nepal

Country
Nepal
Disclosure Date
June 2, 2019
Approval Date
(as of board presentation)
October 28, 2020
Effective Date
March 19, 2021

Total Project Cost 1
US$ 120.00 million
Implementing Agency
Ministry of Agriculture and Livestock Development
Region
South Asia
Fiscal Year 3
2021

Commitment Amount
US$ 37.50 million
Environmental Category
N/A
Last Update Date
May 9, 2024
Closing Date
July 15, 2025

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 change48%
- FY17 - Adaptation31%
- FY17 - Mitigation17%

FY17 - Finance

FY17 - Finance for Development40%
- FY17 - Agriculture Finance40%

FY17 - Human Development and Gender

FY17 - Disease Control80%
- FY17 - Pandemic Response80%
FY17 - Gender63%
FY17 - Nutrition and Food Security23%
- FY17 - Food Security19%

FY17 - Private Sector Development

FY17 - Enterprise Development23%
- FY17 - MSME Development16%
FY17 - Jobs23%
- FY17 - Job Creation16%

FY17 - Urban and Rural Development

FY17 - Rural Development100%
- FY17 - Rural Infrastructure and service delivery19%
- FY17 - Rural Markets96%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	37.50
Local Beneficiaries	40.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	37.50
IBRD + IDA Commitment	37.50

Lending Instrument
Grant Amount	N/A
Total Project Cost**	120.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Oct 28, 2020	IDA-67870	Loan Commitment	80,000,000.00
Apr 24, 2023	IDA-67870	Loan Disb	439,486.62
Oct 1, 2023	IDA-67870	Int Charges	8,405.85
Aug 10, 2023	IDA-67870	Loan Disb	1,572,101.60
Apr 9, 2024	IDA-67870	Loan Disb	1,761,823.10
Apr 1, 2024	IDA-67870	Int Charges	1,494.01
Apr 1, 2024	IDA-67870	Int Charges	1,494.01
Apr 1, 2024	IDA-67870	Int Charges	16,785.35
Apr 1, 2024	IDA-67870	Int Charges	16,785.35
Oct 1, 2023	IDA-67870	Int Charges	29.50
Oct 1, 2023	IDA-67870	Int Charges	29.50
Apr 26, 2024	IDA-67870	Loan Disb	1,011,901.00
Feb 22, 2024	IDA-67870	Loan Cancel	42,693,700.00
May 30, 2024	IDA-67870	Loan Disb	969,026.44
Jun 27, 2024	IDA-67870	Loan Disb	1,101,546.60
Aug 2, 2024	IDA-67870	Loan Disb	1,248,961.20
Jan 24, 2024	IDA-67870	Loan Disb	1,744,870.60
Sep 20, 2021	IDA-67870	Loan Disb	309,463.84
Jan 21, 2022	IDA-67870	Loan Disb	378,615.44
Apr 1, 2022	IDA-67870	Int Charges	69.01
Apr 1, 2022	IDA-67870	Int Charges	69.01
Apr 1, 2022	IDA-67870	Int Charges	1,672.73
Apr 1, 2022	IDA-67870	Int Charges	1,672.73
May 27, 2022	IDA-67870	Loan Disb	498,331.03
Jun 27, 2022	IDA-67870	Loan Disb	150,805.23
Apr 1, 2023	IDA-67870	Int Charges	134.87
Apr 1, 2023	IDA-67870	Int Charges	134.87
Apr 1, 2023	IDA-67870	Int Charges	6,154.01
Apr 1, 2023	IDA-67870	Int Charges	6,154.01
Jan 24, 2023	IDA-67870	Loan Disb	185,013.55
Oct 1, 2022	IDA-67870	Int Charges	22.18
Oct 1, 2022	IDA-67870	Int Charges	22.18
Nov 10, 2022	IDA-67870	Loan Disb	369,639.53
Oct 1, 2022	IDA-67870	Int Charges	3,824.69
Oct 1, 2022	IDA-67870	Int Charges	3,824.69
Oct 1, 2023	IDA-67870	Int Charges	8,405.85

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Satisfactory	2024-09-12
Overall Implementation Progress (IP)	Moderately Satisfactory	2024-09-12
Progress towards achievement of PDO	Moderately Satisfactory	2024-09-12
Procurement	Moderately Satisfactory	2024-09-12
Financial Management	Satisfactory	2024-09-12
Monitoring and Evaluation	Satisfactory	2024-09-12

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Beneficiaries of interventions Value 0.00 8089.00 24000.00
Date October 1, 2020 May 3, 2024 September 30, 2025
Comment
Increase in the average gross value of sales of producer organizations under productive partnerships Value 0.00 0.00 20.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Jobs created by COVID-19 intervention Value 0.00 0.00 5700.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Jobs created for Female by COVID-19 intervention Value 0.00 0.00 2850.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Beneficiaries of interventions - Female Value 0.00 3424.00 9600.00
Date October 1, 2020 May 3, 2024 September 30, 2025
Comment
Increase in the average gross value of sales of producers under productive alliances - Female Value 0.00 0.00 0.00
Date
Comment
Number of SMEs and Agritech Startups reached Value 0.00 102.00 100.00
Date October 1, 2020 May 3, 2024 September 1, 2025
Comment
Number of SMEs and Agritech Startups reached (female) Value 0.00 17.00 20.00
Date October 1, 2020 May 3, 2024 September 1, 2025
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Productive Partnership business plans approved Value 0.00 111.00 900.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Periodic reports submitted on time Value 0.00 0.00 3.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Number of Regional Market Centers constructed/upgraded with climate and disaster-resilient standards and operating Value 0.00 0.00 4.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Grievances registered related to delivery of project benefits satisfactorly Value 0.00 100.00 85.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment

Number of municipal agriculture centers and value chain infrastructures constructed/established with climate and disaster-resilientstandards and operating	Value	0.00	38.00	140.00
	Date	September 1, 2020	May 3, 2024	September 1, 2025
	Comment

No of government agencies built capacity on the identified capacity gap Value 0.00 89.00 86.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment
Productive Partnerships business plans approved - by women led POs Value 0.00 0.00 0.00
Date
Comment
Percentage of Productive Partnership business plans successfully closing the start-up grant agreement Value 0.00 0.00 70.00
Date July 15, 2020 May 3, 2024 September 1, 2025
Comment
Farmers reached with agricultural assets or services Value 0.00 0.00 3500.00
Date October 11, 2023 May 3, 2024 September 30, 2025
Comment
Beneficiary satisfaction with Intermediary Institutions’ services (Percentage) Value 0.00 89.00 80.00
Date December 1, 2020 May 3, 2024 September 1, 2025
Comment
Farmers reached with agricultural assets or services - Female Value 0.00 0.00 0.00
Date
Comment
Beneficiary satisfaction with Intermediary Institutions’ services (Female) Value 0.00 89.00 80.00
Date December 1, 2020 May 3, 2024 September 1, 2025
Comment
Number SMEs/Agri tech startups participating in PPs Value 0.00 0.00 20.00
Date September 1, 2020 May 3, 2024 September 1, 2025
Comment

Beneficiaries of interventions	Value	0.00	8089.00	24000.00
	Date	October 1, 2020	May 3, 2024	September 30, 2025
	Comment

Jobs created by COVID-19 intervention	Value	0.00	0.00	5700.00
	Date	September 1, 2020	May 3, 2024	September 1, 2025
	Comment

Beneficiaries of interventions - Female	Value	0.00	3424.00	9600.00
	Date	October 1, 2020	May 3, 2024	September 30, 2025
	Comment

Periodic reports submitted on time	Value	0.00	0.00	3.00
	Date	September 1, 2020	May 3, 2024	September 1, 2025
	Comment

Productive Partnerships business plans approved - by women led POs	Value	0.00	0.00	0.00
	Date
	Comment

Percentage of Productive Partnership business plans successfully closing the start-up grant agreement	Value	0.00	0.00	70.00
	Date	July 15, 2020	May 3, 2024	September 1, 2025
	Comment

Rural Enterprise and Economic Development Project

Abstract*

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