| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 100.00 |
| Borrower/Recipient | 10.00 |
Agriculture Value Chain Development Project (ICARE)
Abstract*
The development objective of the Agriculture Value Chain Development Project (ICARE) for Indonesia is to support environmentally and financially sustainable and inclusive agricultural value chains in selected locations. The project comprises of three components. The first component, strengthening value chains in selected Kawasan Pertanian (agri-zone clusters) will provide integrated and site-specific support for the development of viable value chain... Show More
Development Objective
The Project Development Objective is to support environmentally and financially sustainable and inclusive agricultural value chains in selected locations
Key Details
Project Details
P173487
Active
Myriam Chaudron , Alika Tuwo
The Republic of Indonesia
June 22, 2020
(as of board presentation)
June 9, 2022
September 5, 2022
US$ 119.10 million
Ministry of Agriculture
2022
US$ 100.00 million
N/A
October 13, 2023
June 30, 2027
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 100.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 119.10 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 3, 2024 | IBRD-93410 | Loan Disb | 517,000.00 |
| Dec 14, 2023 | IBRD-93410 | Loan Disb | 355,295.88 |
| Jan 1, 2024 | IBRD-93410 | Int Charges | 32,840.84 |
| Jan 1, 2024 | IBRD-93410 | Int Charges | 124,689.50 |
| Jan 1, 2024 | IBRD-93410 | Int Charges | 561.33 |
| Jul 23, 2024 | IBRD-93410 | Loan Disb | 229,000.00 |
| Jul 1, 2024 | IBRD-93410 | Int Charges | 51,697.22 |
| Jul 1, 2024 | IBRD-93410 | Int Charges | 122,228.02 |
| Jun 9, 2022 | IBRD-93410 | Loan Commitment | 100,000,000.00 |
| Jul 1, 2024 | IBRD-93410 | Int Charges | 1,296.06 |
| Jul 1, 2023 | IBRD-93410 | Int Charges | 1,568.00 |
| Sep 27, 2022 | IBRD-93410 | Loan Disb | 1,026,845.60 |
| Sep 20, 2022 | IBRD-93410 | Fee Charges | 250,000.00 |
| Jan 1, 2023 | IBRD-93410 | Int Charges | 11,296.95 |
| Jan 1, 2023 | IBRD-93410 | Int Charges | 80,146.73 |
| Mar 7, 2024 | IBRD-93410 | Loan Disb | 343,053.00 |
| Jul 1, 2023 | IBRD-93410 | Int Charges | 27,243.10 |
| Jul 1, 2024 | IBRD-93410 | Int Charges | 43.80 |
| Jul 1, 2023 | IBRD-93410 | Int Charges | 122,699.60 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Unsatisfactory | 2025-03-10 |
| Project Management | Moderately Unsatisfactory | 2025-03-10 |
| Financial Management | Moderately Unsatisfactory | 2025-03-10 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-03-10 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-03-10 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-03-10 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Farmers reached with agricultural assets or services Value 0.00 0.00 90000.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Farmers reached with agricultural assets or services - Female Value 0.00 0.00 0.00 Date Comment Farmers reached with agricultural assets or services - Youth Value 0.00 0.00 30000.00 Date February 28, 2022 September 15, 2023 December 31, 2026 Comment Proportion of project-supported Korporasi Petani members with increased sales through commercial channels Value 0.00 0.00 80.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Percentage increase in productivity of selected crops and livestock from incorporating climate smart agriculture technologies amongst project beneficiaries Value 0.00 0.00 30.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Number of partnerships facilitated by the project Value 0.00 0.00 30.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of local agribusiness development plans developed and funded Value 0.00 0.00 13.00 Date February 28, 2022 September 15, 2023 December 31, 2024 Comment Percentage of GRM addressed from the total claim received Value 0.00 0.00 80.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Proportion of seats held by farmers representatives in competitive grant proposals evaluation committee Value 0.00 0.00 30.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Number of business plans of Korporasi Petani supported through matching grants Value 0.00 0.00 61.00 Date February 28, 2022 September 15, 2023 June 30, 2027 Comment Number of knowledge products developed and events conducted to disseminate learnings from the project Value 0.00 0.00 30.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Proportion of women among farmer representatives holding seats in competitive grants proposal evaluation committee Value 0.00 0.00 0.00 Date Comment Number of Korporasi Petani making profits after 2 years of matching grants financing Value 0.00 0.00 10.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Number of competitive grants awarded for technology adaptation and dissemination Value 0.00 0.00 150.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Percentage of farmers trained in business and financial skills in Korporasi Petani Value 0.00 0.00 80.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Number of technologies produced and disseminated through collaborative partnerships Value 0.00 0.00 120.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Farmers adopting improved agricultural technology Value 0.00 0.00 70000.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Percent of farmers trained in business skills in Korporasi Petani - female Value 0.00 0.00 0.00 Date Comment Proportion of women in Korporasi Petani leadership and management structures Value 0.00 0.00 25.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Farmers adopting improved agricultural technology - Female Value 0.00 0.00 0.00 Date Comment Percentage of farmers in Korporasi Petani benefited from infrastructure supported by the project Value 0.00 0.00 80.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Farmers adopting improved agricultural technology - male Value 0.00 0.00 0.00 Date Comment Percentage of targeted clients satisfied with the agricultural services facilitated by the project Value 0.00 0.00 80.00 Date February 28, 2022 September 15, 2023 June 30, 2027 Comment Hectares of agricultural area where practices supporting climate change adaptation and mitigation are implemented Value 0.00 0.00 7200.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Percentage of targeted clients satisfied with the agricultural services facilitated by the project - female Value 0.00 0.00 80.00 Date February 28, 2022 September 15, 2023 December 31, 2026 Comment Number of value chain actors and agribusiness SME workers in the selected value chains trained and supported Value 0.00 0.00 500.00 Date June 30, 2022 September 15, 2023 June 30, 2028 Comment Number of public sector officials and extension workers trained to facilitate value chain development and deliver agricultural services Value 0.00 0.00 5000.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment Percentage of targeted clients satisfied with the agricultural services facilitated by the project - male Value 0.00 0.00 80.00 Date February 28, 2022 September 15, 2023 December 31, 2026 Comment Share of approved competitive technology grant proposals that include private sector participation and investment Value 0.00 0.00 70.00 Date June 30, 2022 September 15, 2023 June 30, 2027 Comment