| Financier | Commitments |
|---|---|
| IDA Shorter Maturity Loan (SML) | 150.00 |
Financial Access for Sustainable and Transformational (FAST) Growth Project
Abstract*
The project will use the short-term maturity performance based allocation (SMP-PBA) IPF instrument to finance coordinated activities related to achieving the development objective, namely: (i) Establishment of a funding mechanism to support extension of diverse finance products to MSMEs and startups through financial institutions (FIs) and non-bank finance institutions (NBFIs); (ii) Development of DFS and credit infrastructure; (iii) Strengthening... Show More
Development Objective
The project development objective is to promote access to finance and growth of SMEs in Tanzania.
Key Details
Project Details
P500471
Active
Randa Akeel , Mehdi Benyagoub, Sofya Muradyan
United Republic of Tanzania
December 11, 2023
(as of board presentation)
July 30, 2024
N/A
US$ 0.00 million
Ministry of Finance, Financial Sector Development Department
2025
US$ 150.00 million
N/A
N/A
July 31, 2030
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** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 30, 2024 | IDA-76140 | Loan Commitment | 150,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2024-10-30 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-30 |
| Project Management | Satisfactory | 2024-10-30 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-30 |
| Financial Management | Satisfactory | 2024-10-30 |
| Monitoring and Evaluation | Satisfactory | 2024-10-30 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.