| Financier | Commitments |
|---|---|
| IDA Credit | 220.00 |
| Partnership for Market Implementation Facility | 4.00 |
Commercialization and De-Risking for Agricultural Transformation Project
Abstract*
The project will be structured around four components: C1 - Value Chain and Infrastructure Development, C2 - Agricultural Finance and Insurance, C3 - Project Management and Capacity Building, and C4 - Contingency Emergency Response Component.
The components are strongly interlinked, as they would be jointly addressing the binding constraints to Rwanda’s agriculture transformation from a subsistence sector to a knowledge-based value creating sector... Show More
Development Objective
The Project Development Objectives are to increase the use of irrigation and commercialization among producers and agribusiness firms in supported value chains, and to increase access to agricultural finance.
Key Details
Project Details
P171462
Active
Asa Restrepo Giertz , Brice Gakombe, Esdras Byiringiro
Ministry of Finance and Economic Planning (MINECOFIN), Republic of Rwanda
Rwanda
July 14, 2020
(as of board presentation)
April 15, 2022
July 29, 2022
US$ 302.00 million
Development Bank of Rwanda,Rwanda Agriculture and Animal Resources Development Board
2022
US$ 224.00 million
N/A
Substantial
April 30, 2027
TBD
BANK APPROVED
June 27, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 220.00 |
| IBRD + IDA Commitment | 220.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 4.00 |
| Total Project Cost** | 302.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 18, 2024 | IDA-70840 | Loan Disb | 1,618,559.50 |
| Mar 12, 2024 | IDA-70850 | Loan Disb | 3,752,745.50 |
| Sep 1, 2023 | IDA-70840 | Int Charges | 143,222.16 |
| Sep 1, 2023 | IDA-70840 | Int Charges | 26,417.33 |
| Jun 12, 2023 | IDA-70840 | Loan Disb | 2,467,155.50 |
| Dec 28, 2023 | IDA-70840 | Loan Disb | 1,011,610.20 |
| Jun 21, 2023 | IDA-70840 | Loan Disb | 993,759.50 |
| Mar 27, 2023 | IDA-70840 | Loan Disb | 615,337.10 |
| Mar 3, 2023 | IDA-70840 | Int Charges | 54,096.36 |
| Mar 3, 2023 | IDA-70840 | Int Charges | 156,224.52 |
| Mar 3, 2023 | IDA-70840 | Int Charges | 9,709.82 |
| Dec 27, 2022 | IDA-70840 | Loan Disb | 3,963,831.50 |
| Sep 1, 2023 | IDA-70840 | Int Charges | 279.33 |
| Mar 26, 2024 | IDA-70840 | Loan Cancel | 80,000,000.00 |
| Mar 1, 2024 | IDA-70840 | Int Charges | 131,131.81 |
| Mar 1, 2024 | IDA-70840 | Int Charges | 66,048.33 |
| Mar 22, 2024 | IDA-70840 | Loan Disb | 9,920,522.00 |
| Mar 1, 2024 | IDA-70840 | Int Charges | 109.83 |
| Mar 12, 2024 | IDA-70840 | Loan Disb | 7,516,036.00 |
| Jun 26, 2024 | IDA-70840 | Loan Disb | 3,487,117.00 |
| Apr 15, 2022 | IDA-70840 | Loan Commitment | 150,000,000.00 |
| Apr 15, 2022 | IDA-70850 | Loan Commitment | 75,000,000.00 |
| Apr 15, 2022 | IDA-E0170 | Loan Commitment | 75,000,000.00 |
| Dec 23, 2022 | IDA-E0170 | Loan Disb | 2,000,000.00 |
| Mar 17, 2023 | IDA-E0170 | Loan Disb | 308,431.00 |
| Jun 7, 2023 | IDA-E0170 | Loan Disb | 1,229,030.00 |
| Jun 15, 2023 | IDA-E0170 | Loan Disb | 500,000.00 |
| Oct 12, 2023 | IDA-E0170 | Loan Disb | 1,574,916.00 |
| Dec 22, 2023 | IDA-E0170 | Loan Disb | 500,000.00 |
| Mar 15, 2024 | IDA-E0170 | Loan Disb | 5,000,000.00 |
| Mar 14, 2024 | IDA-E0170 | Loan Disb | 816,203.00 |
| Mar 7, 2024 | IDA-E0170 | Loan Disb | 3,750,000.00 |
| Jun 21, 2024 | IDA-E0170 | Loan Disb | 1,750,000.00 |
| Sep 15, 2022 | IDA-70840 | Fee Charges | 301,979.30 |
| Oct 16, 2023 | IDA-70840 | Loan Disb | 3,140,459.80 |
| Dec 22, 2022 | IDA-70850 | Loan Disb | 1,995,207.00 |
| Mar 2, 2023 | IDA-70850 | Int Charges | 2,870.82 |
| Mar 2, 2023 | IDA-70850 | Int Charges | 2,870.82 |
| Jun 21, 2023 | IDA-70850 | Loan Disb | 498,766.70 |
| Mar 21, 2023 | IDA-70850 | Loan Disb | 312,201.90 |
| Jun 12, 2023 | IDA-70850 | Loan Disb | 1,233,495.50 |
| Sep 1, 2023 | IDA-70850 | Int Charges | 11,459.94 |
| Sep 1, 2023 | IDA-70850 | Int Charges | 11,459.94 |
| Oct 24, 2023 | IDA-70850 | Loan Disb | 1,580,866.90 |
| Dec 29, 2023 | IDA-70850 | Loan Disb | 501,176.38 |
| Mar 18, 2024 | IDA-70850 | Loan Disb | 813,441.75 |
| Mar 1, 2024 | IDA-70850 | Int Charges | 20,192.21 |
| Mar 1, 2024 | IDA-70850 | Int Charges | 20,192.21 |
| Mar 19, 2024 | IDA-70850 | Loan Disb | 4,982,082.00 |
| Jun 26, 2024 | IDA-70850 | Loan Disb | 1,745,915.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-10-10 |
| Financial Management | Satisfactory | 2024-10-10 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-10-10 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-10-10 |
| Procurement | Moderately Satisfactory | 2024-10-10 |
| Project Management | Moderately Satisfactory | 2024-10-10 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-10 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-10 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increase in cultivated area being irrigated in new and rehabilitated schemes Value 14.00 14.00 75.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Increase in number of borrowers obtaining agricultural loans from participating financial institutions Value 0.00 0.00 100.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Of which increase in cultivated area in new schemes Value 0.00 0.00 70.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Of which 30% are female borrowers Value 0.00 0.00 30.00 Date Comment Total number of benefitting households reached by the project Value 0.00 145532.00 235977.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Of which increase in cultivated area in rehabilitated schemes Value 32.00 32.00 80.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Increase in share of agricultural produce sold by participating producers Value 0.00 0.00 25.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Increase in in value of agricultural production quantities procured by participating aggregators Value 0.00 0.00 70.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Cassava Value 20.00 20.00 0.00 Date Comment Vegetables Value 20.00 20.00 0.00 Date Comment Fruits Value 30.00 30.00 0.00 Date Comment Increasing women representation on decision making positions in participating WUAs. Value 30.00 30.00 50.00 Date March 10, 2022 December 11, 2023 April 30, 2027 Comment Number of sub-projects benefitting from matching grants provided by the project Value 0.00 0.00 524.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Number of knowledge products (reports, briefs, studies, etc.) shared internally and among key stakeholders, partners and clients Value 0.00 3.00 25.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Commercial farmers Value 0.00 0.00 100.00 Date Comment Number of loans provided by FIs through the line of credit Value 0.00 143.00 150.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Percentage of beneficiaries who expressed satisfaction with the project interventions, including on delivery and communication modalities Value 0.00 0.00 100.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment of which female Value 0.00 0.00 100.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment of which for female farmers and female-led organizations Value 0.00 0.00 45.00 Date Comment of which female commercial farmers Value 0.00 0.00 40.00 Date Comment Percentage of grievances addressed within the time specified in the project implementation manual (Percentage) Value 0.00 0.00 100.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Non-Performing Loan (NPL) ratio of the Credit Line portfolio of FIs Value 0.00 0.00 5.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Cooperatives Value 0.00 0.00 25.00 Date Comment Hectares of crop insured Value 0.00 51448.00 217500.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment SMEs Value 0.00 0.00 20.00 Date Comment Increase in net value of produce aggregated to reach the market Value 0.00 0.00 25.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Number of insured dairy cows Value 0.00 63689.00 187500.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Maize Value 0.00 0.00 8.00 Date Comment Value of financial protection (Total sum insured) provided to crop and livestock producers Value 0.00 54312807.00 337710000.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Total number of insurance policies issued to farmers Value 0.00 341465.00 614250.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Rice Value 0.00 0.00 8.00 Date Comment Beans Value 0.00 0.00 8.00 Date Comment Irish potatoes Value 0.00 0.00 8.00 Date Comment Vegetables Value 0.00 0.00 8.00 Date Comment Cassava Value 0.00 0.00 8.00 Date Comment Fruits Value 0.00 0.00 8.00 Date Comment Area provided with new/improved irrigation services Value 0.00 0.00 12890.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Area provided with new/improved land husbandry practices with climate resilient features Value 0.00 3470.00 7580.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Number of new innovative ideas, products & services supported through the Innovation Challenge Fund Value 0.00 0.00 50.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Of which 40% are female-led Value 0.00 0.00 20.00 Date March 24, 2022 December 11, 2023 April 30, 2027 Comment Food loss index (as measured by change in post-harvest losses) Value 0.00 0.00 0.00 Date March 31, 2022 December 11, 2023 April 30, 2027 Comment Rice Value 20.00 20.00 0.00 Date Comment Maize Value 22.00 22.00 0.00 Date Comment Beans Value 14.00 14.00 0.00 Date Comment Irish potatoes Value 30.00 30.00 0.00 Date Comment