| Financier | Commitments |
|---|---|
| Lebanon Financing Facility | 25.00 |
Building Beirut Businesses Back & Better (B5) Fund
Abstract*
The development objective of the Building Beirut Businesses Back and Better (B5) Fund Project for Lebanon is to support the recovery of targeted micro and small enterprises (MSEs) and sustain the operations of eligible microfinance institutions (MFIs). The project comprises of three components. The first component, grants to MSEs will provide grants to eligible MSEs that have been affected by the Beirut port explosion. The second component, grants... Show More
Development Objective
The Project Development Objective is to support the recovery of targeted micro and small enterprises (MSEs) and sustain the operations of eligible microfinance institutions (MFIs).
Key Details
Project Details
P176013
Active
Zeina El Khoury
Kafalat SAL
June 29, 2021
(as of board presentation)
July 28, 2021
October 8, 2021
US$ 25.00 million
Kafalat SAL
2022
US$ 25.00 million
N/A
June 27, 2024
June 30, 2025
Yes
BANK APPROVED
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 | 25.00 |
| Total Project Cost** | 25.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2025-01-28 |
| Progress towards achievement of PDO | Satisfactory | 2025-01-28 |
| Procurement | Satisfactory | 2025-01-28 |
| Project Management | Satisfactory | 2025-01-28 |
| Progress towards achievement of PDO | Satisfactory | 2025-01-28 |
| Monitoring and Evaluation | Satisfactory | 2025-01-28 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-01-28 |
| Procurement | Satisfactory | 2025-01-28 |
| Project Management | Satisfactory | 2025-01-28 |
| Financial Management | Moderately Satisfactory | 2025-01-28 |
| Financial Management | Moderately Satisfactory | 2025-01-28 |
| Monitoring and Evaluation | Satisfactory | 2025-01-28 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Share of Micro and Small beneficiary enterprises that are operational for at least 12 months after receiving the grants Value 0.00 93.00 80.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Of which are women owned or led enterprises Value 0.00 0.00 0.00 Date Comment Number of Microfinance Institutions operational for at least 24 months after receiving support Value 0.00 0.00 3.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of Micro and Small enterprises receiving grants Value 0.00 3371.00 4300.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Number of MFIs receiving financing Value 0.00 3.00 3.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Share of Micro and Small women owned or led enterprises receiving business support training Value 0.00 0.00 100.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Amount disbursed to Microfinance Institutions Value 0.00 4400000.00 4900000.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Beneficiary Engagement: Share of women owned or led beneficiary firms who reported being satisfied with technical support offered Value 0.00 0.00 75.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Percentage of women owned or led micro and small beneficiary enterprises receiving grants Value 0.00 0.00 0.00 Date Comment Amounts of funds disbursed to Micro and Small Enterprises Value 0.00 14600000.00 17800000.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Employment Capacity of Microfinance Institutions maintained Value 0.00 71.00 80.00 Date June 30, 2022 June 7, 2024 May 31, 2024 Comment Number of Microfinance Institutions receiving gender sensitive training Value 0.00 0.00 3.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment Number of jobs maintained within 12 months of receiving the grants Value 0.00 9367.00 4472.00 Date August 16, 2021 June 7, 2024 May 31, 2024 Comment