| Financier | Commitments |
|---|---|
| IDA Credit | 250.00 |
| Borrower/Recipient | 50.00 |
Sustainable Microenterprise and Resilient Transformation (SMART)
Abstract*
Building on the Sustainable Enterprise Project (SEP), Sustainable Micro-enterprise and Resilient Transformation (SMART) project will support microenterprises in agribusiness, manufacturing, and service sectors. The delivery model will scale up the effective mobilization of natural clusters of micro-enterprises based on the positive lessons learned from SEP. Most importantly this project will further formalize resource use efficiency, cleaner production... Show More
Development Objective
To increase resource-efficient and resilient green growth of microenterprises (MEs).
Key Details
Project Details
P178996
Active
Keisuke Iyadomi , Hosna Sumi
Financial Institutions Divisions (FID)
July 21, 2022
(as of board presentation)
April 27, 2023
August 27, 2023
US$ 375.00 million
Palli Karma-Sahayak Foundation (PKSF)
2023
US$ 250.00 million
N/A
Moderate
December 31, 2028
Yes
BANK APPROVED
April 4, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 250.00 |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 375.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 27, 2023 | IDA-73000 | Loan Commitment | 250,000,000.00 |
| Mar 28, 2024 | IDA-73000 | Loan Disb | 1,000,000.00 |
| Jun 10, 2024 | IDA-73000 | Loan Disb | 5,595,591.50 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-05-20 |
| Progress towards achievement of PDO | Satisfactory | 2025-05-20 |
| Financial Management | Satisfactory | 2025-05-20 |
| Monitoring and Evaluation | Satisfactory | 2025-05-20 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-05-20 |
| Procurement | Moderately Satisfactory | 2025-05-20 |
| Counterpart Funding | Satisfactory | 2025-05-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Supported MEs adopting at least two climate-resilient RECP practices Value 0.00 0.00 64000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Supported female owned MEs adopting at least two climate-resilient RECP practices Value 0.00 0.00 0.00 Date Comment Supported MEs with improved knowledge on climate vulnerability Value 0.00 0.00 72000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Supported MEs with increased revenues by 10% or more compared to non-supported MEs Value 0.00 0.00 40000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Supported female owned MEs with increased revenues by 10% or more compared to non-supported female owned MEs Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Non-revenue generating common facilities established or upgraded and operational Value 0.00 0.00 50.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Climate-resilient RECP profiles prepared and validated for MEs Value 0.00 0.00 30000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Environmental and Climate Change Units (ECCUs) established and operational at POs Value 0.00 0.00 50.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Environmental clubs established and operational at ME clusters Value 0.00 0.00 50.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Non-revenue generating common facilities established or upgraded and operational owned by ME clusters that have women in the management committee Value 0.00 0.00 0.00 Date Comment Climate-resilient RECP profiles prepared and validated for female owned MEs Value 0.00 0.00 65.00 Date Comment Supported MEs tracking at least one environmental key performance indicator (Number): m3 of wastewater, kwh energy, solid waste in tons, ammonia in parts per billion, CO2 equivalent of GHG emissions Value 0.00 0.00 50000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Loans provided to MEs Value 0.00 0.00 80000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Grievances registered related to delivery of project benefits addressed in a timely fashion Value 0.00 0.00 100.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Loans provided to MEs committed to adopting at least two climate-resilient RECP practices Value 0.00 0.00 251000000.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment Revenue-generating common facilities established or upgraded and operational Value 0.00 0.00 50.00 Date June 30, 2023 June 30, 2023 June 30, 2028 Comment