| Financier | Commitments |
|---|---|
| IDA Grant | 150.00 |
Sustainable Rural Economy Program
Abstract*
The Sustainable Rural Economy Program (SREP) is an MPA of 3 phases for a total envelope of $500M with an overall Program Objective of increasing the resilience of targeted rural areas and producers. The first phase is an IPF of $150M, the second phase is a P4R of$150M, and the third phase another P4R of $200M. The current PAD and ESRS were prepared for the purposes of Phase I. Phase I will cover 6 Provinces and focus on productive sectors in rural... Show More
Development Objective
To improve the performance of targeted small agriculture producers and AgriMSMEs and improve natural resources management practices in selected project areas.
Key Details
Project Details
P174002
Active
Blessings Botha , Ana Bucher
Republic of Mozambique
October 13, 2020
(as of board presentation)
June 9, 2021
September 27, 2021
US$ 150.00 million
National Sustainable Development Fund (FNDS),ProAzul Blue Economy Development Fund,BIOFUND
2021
US$ 150.00 million
N/A
February 2, 2024
June 30, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 150.00 |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 150.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 20, 2023 | IDA-D8120 | Loan Disb | 2,762,019.00 |
| Dec 26, 2023 | IDA-D8120 | Loan Disb | 20,000,000.00 |
| Dec 26, 2023 | IDA-D8120 | Loan Disb | 13,305,478.00 |
| Dec 5, 2023 | IDA-D8120 | Loan Disb | 1,000,000.00 |
| Dec 5, 2023 | IDA-D8120 | Loan Disb | 321,806.44 |
| Jun 24, 2024 | IDA-D8120 | Loan Disb | 2,500,000.00 |
| Apr 16, 2024 | IDA-D8120 | Loan Disb | 20,000,000.00 |
| Jun 11, 2024 | IDA-D8120 | Loan Disb | 287,102.12 |
| Jan 22, 2024 | IDA-D8120 | Loan Disb | 2,506,270.20 |
| Jan 29, 2024 | IDA-D8120 | Loan Disb | 398,647.70 |
| Apr 8, 2024 | IDA-D8120 | Loan Disb | 105,901.83 |
| Jun 17, 2024 | IDA-E1290 | Loan Disb | 20,000,000.00 |
| Jan 14, 2022 | IDA-D8120 | Loan Disb | 25,138,126.00 |
| Apr 11, 2022 | IDA-D8120 | Loan Disb | 3,210,200.00 |
| Dec 6, 2021 | IDA-D8120 | Loan Disb | 23,969,706.00 |
| Nov 29, 2021 | IDA-D8120 | Loan Disb | 96,835.44 |
| Nov 9, 2021 | IDA-D8120 | Loan Disb | 962,631.10 |
| Nov 10, 2022 | IDA-D8120 | Loan Disb | 13,982,033.00 |
| Nov 1, 2022 | IDA-D8120 | Loan Disb | 300,000.00 |
| Oct 28, 2022 | IDA-D8120 | Loan Disb | 1,000,000.00 |
| Feb 9, 2022 | IDA-D8120 | Loan Disb | 625,000.00 |
| Jan 18, 2023 | IDA-D8120 | Loan Disb | 2,752,080.00 |
| Apr 21, 2023 | IDA-D8120 | Loan Disb | 132,921.62 |
| Jun 22, 2023 | IDA-D8120 | Loan Disb | 260,455.34 |
| Jun 22, 2023 | IDA-D8120 | Loan Disb | 157,591.60 |
| Jun 9, 2021 | IDA-D8120 | Loan Commitment | 150,000,000.00 |
| Sep 29, 2022 | IDA-E1290 | Loan Commitment | 50,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-12-13 |
| Financial Management | Moderately Unsatisfactory | 2024-12-13 |
| Monitoring and Evaluation | Satisfactory | 2024-12-13 |
| Procurement | Moderately Satisfactory | 2024-12-13 |
| Project Management | Moderately Satisfactory | 2024-12-13 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-12-13 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Basic crops with minimum productivity increase by target beneficiaries Value 0.00 2.00 3.00 Date January 19, 2021 October 31, 2023 December 31, 2026 Comment Improved natural resource management effectiveness (METT) of selected conservation area Value 23.00 25.00 32.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Increase in gross sales of targeted AgriMSMEs Value 0.00 0.00 30.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Number of direct beneficiaries of the FNS activities Value 0.00 81518.00 400750.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Targeted small agriculture producers integrated into agriculture value chains Value 0.00 91.00 80.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Targeted value chain actors receiving support under ProAzul's Matching Grants Scheme Value 0.00 2089.00 2500.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Women Value 0.00 0.00 74100.00 Date Comment Female Value 0.00 0.00 0.00 Date Comment Female-led individual family applicants Value 0.00 594.00 800.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Youth Value 0.00 0.00 0.00 Date Comment Youth-led individual familly applicants Value 0.00 0.00 750.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Commercial business applicants Value 0.00 0.00 4.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Grievances submitted through the GRM effectively addressed Value 0.00 78.60 90.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Artisanal fishing licenses issued in targeted areas Value 6418.00 9790.00 11250.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Roads rehabilitated - rural Value 0.00 0.00 100.00 Date Comment Agriculture sector contingency plans Value 0.00 2.00 5.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Forest concessions inspected in targeted provinces Value 0.00 73.00 80.00 Date March 1, 2021 October 31, 2023 June 30, 2026 Comment Roads rehabilitated - non-rural Value 0.00 0.00 0.00 Date Comment Irrigation command area rehabilitated Value 0.00 0.00 860.00 Date February 28, 2022 October 31, 2023 June 30, 2026 Comment Agriculture Sector Coordination Committee operational Value No No Yes Date March 1, 2021 October 31, 2023 June 30, 2026 Comment Community Management Partnership established Value 0.00 0.00 1.00 Date March 1, 2021 October 31, 2023 June 30, 2026 Comment SETSAN capable to produce important assessments/studies Value 0.00 0.00 4.00 Date February 28, 2022 October 31, 2023 June 30, 2026 Comment Farmers adopting improved agricultural technology Value 0.00 0.00 91000.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Conditions for preparing Phase 2 (P4R) met Value No No Yes Date March 1, 2021 October 31, 2023 June 30, 2026 Comment Provinces with a forestry information system operational Value 0.00 1.00 6.00 Date April 6, 2021 October 31, 2023 December 31, 2026 Comment Farmers adopting improved agricultural technology - Female Value 0.00 0.00 0.00 Date Comment Farmers adopting improved agricultural technology - male Value 0.00 0.00 0.00 Date Comment Number of beneficiaries of ENABLE funded programs Value 0.00 0.00 50000.00 Date August 8, 2022 October 31, 2023 June 30, 2025 Comment Farmers adopting improved agriculture technology - youth Value 0.00 0.00 27300.00 Date April 5, 2021 September 24, 2021 December 31, 2026 Comment Female Value 0.00 0.00 0.00 Date Comment Beneficiary farmers integrated into value chains Value 0.00 81518.00 130000.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Beneficiary farmers integrated into value chains - female Value 0.00 22852.00 52000.00 Date April 5, 2021 October 31, 2023 December 31, 2026 Comment Beneficiary farmers integrated into value chains - youth Value 0.00 15485.00 39000.00 Date April 5, 2021 October 31, 2023 December 31, 2026 Comment Rural extension agents that have undergone gender training Value 0.00 56.00 70.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Rural households applying the Gender Action Learning for Sustainability (GALS) methodology Value 0.00 0.00 3600.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment Farmers reached with climate resilient agricultural assets or services Value 0.00 81518.00 130.00 Date May 13, 2021 October 31, 2023 June 30, 2026 Comment Farmers reached with climate resilient agricultural assets or services - Female Value 0.00 22825.00 52.00 Date May 13, 2021 October 31, 2023 June 30, 2026 Comment Farmers reached with climate resilient agriculture assets or services - youth Value 0.00 15488.00 39.00 Date May 13, 2021 October 31, 2023 June 30, 2026 Comment Rural economy public policies and strategies Value 0.00 2.00 4.00 Date January 19, 2021 October 31, 2023 December 31, 2026 Comment Infrastructure for sustainable natural resources management built and in operation Value 0.00 0.00 14.00 Date January 19, 2021 October 31, 2023 June 30, 2026 Comment Roads rehablitated Value 0.00 0.00 1619.50 Date January 19, 2021 October 31, 2023 December 31, 2026 Comment Beneficiaries with perception of having improved their FNS status Value 0.00 0.00 80.00 Date February 28, 2021 October 31, 2023 June 30, 2026 Comment