The World Bank AF Rural Enterprise Development Program (P110407)

Transcription

1 Public Disclosure Authorized SOUTH ASIA Afghanistan Agriculture Global Practice IBRD/IDA Investment Project Financing FY 2010 Seq No: 16 ARCHIVED on 28-Jun-2018 ISR32264 Implementing Agencies: MoF - Ministry of Finance, Ministry of Finance, Ministry of Rural Rehabilitation and Development (MRRD), MRRD, MRRD Public Disclosure Authorized Key Dates Key Project Dates Bank Approval Date:09-Mar-2010 Planned Mid Term Review Date:03-Sep-2012 Original Closing Date:01-Jan-2015 Project Development Objectives Effectiveness Date:14-Jun-2010 Actual Mid-Term Review Date:01-Oct-2012 Revised Closing Date:30-Jun-2017 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) Increased income and sustainable employment opportunities for men and women through supported rural enterprises. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Public Disclosure Authorized Name Community-based Enterprise Development (Original Estimates: US $37.35, Revised: US $ 11.4 m):(cost $14.60 M) Component B: SME Development (Original estimates: US $ 23.3m, Revised: US $ 6m):(Cost $6.68 M) Component C: Project Implementation Support (Original estimates US $ 27.59: Revised to US$17.7 m):(cost $23.52 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions 6/28/2018 Page 1 of 11

2 Monthly Disbursement Projections: The project is currently 98% disbursed and the projections for the months of April, May and June are below. It is expected that at the end of June, the AF would have disbursed a total of $3,415, Months April 18 May 18 June 18 Total Disbursement Amount (USD) 730, , , The mission reviewed the project disbursement prospects and proposed disbursement of seed capital to matured VSLAs and a recruitment of an international consultant to support the preparation of the WEE-RDP. 4,411,361 Community-Based Enterprise Development Component: Under this component, the project continues the strengthening of existing Savings Groups, VSLAs, enterprise groups and producer associations through the support of BDSPs and market linkage activities. During the period (July 2017 to February 2018), a total of 51,526,560 Afs of additional savings were mobilized by the Savings group and loans of million Afs were provided to 4,927 additional members of SGs. No new VSLAs were established but 93 VSLAs were assessed during this period and received seed capital of 29.6 million Afs. SME Development: Business training and market linkage support continued throughout the last five months. These included i) provision of business standardization materials to 122 SMEs in form of labels, business cards, stamps and calendars, ii) provision of technical know-how training to 295 beneficiaries from 148 EGs by 9 different SMEs, iii) participation of 11 female SMEs at the ASIAN Bazar in India leader to sales of more than 3 million Afs and (iv) participation of project team and beneficiaries in a study visit to Bilhar project in India. During the reporting period, the SMEs had sales of 791,409,717 AFs through different sales channels and an increase of about 11% sales over the last six months. Since inception a total of 27 SMEs have been graduated and introduced to the Ministry of Commerce and Industry as meeting their criteria for further technical support. So far, 543 SMEs were supported in registering with FACT and ACCI. Employment Effects of AREDP on Female Beneficiaries: : In a fitting achievement to its objective of creating employment for the community members in general and women in particular. During June 2017 till February 2018, a total of 40,992 number of employment was created through enterprise development program of which 3,990 were direct, 18,842 were self-employment and 18,159 as indirect employment. As on 28th February 2018, 184,464 employments have been created through its enterprise development program (17,955 direct 84,792 self- employment & 81,716 indirect) of which 63% are women. AREDP has been able to involve 55 % women beneficiaries in its program (63 % in Enterprise Groups, 54 % in Saving Groups, and 21 % in SMEs). Nomads (Koochies) and Persons with Different Abilities (PwDs): The Koochies (pastoral nomads) and Persons with Different abilities (PWDs),were also supported by the project during the reporting period. Though there was no additional PWD included, there was a sales of 6,485,907Afs by the entrepreneurs. 150 new Koochies were included in the period and the sales by all the koochies supported was 28,911,827 Afs. A total of 103 enterprises run by PWDs having total sales of 27,923,779 Afs and 248 enterprises run by Koochies have been supported having total sales of 40,561,580 Afs. The project has also discussed possibilities of supporting a new special target group i.e. IDPs and returnees. This was discussed in light of the current surge in the number of returnees from neighboring countries and the large number of internally displaced Afghans in the north mainly from Kunduz province. AREDP team will explore the possibilities of addressing livelihoods and improving economic engagement of these groups in the areas of its coverage mainly Nangarhar, Balkh and Herat and extend the support to the WEE-RDP. 6/28/2018 Page 2 of 11

3 Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- High High Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Substantial Substantial Institutional Capacity for Implementation and Sustainability -- Substantial Substantial Fiduciary -- Moderate Moderate Environment and Social -- Low Low Stakeholders -- Moderate Moderate Other -- Moderate Moderate Overall -- Substantial Substantial Results Project Development Objective Indicators 60% of Enterprise Groups (EGs) will have increased their net revenues by over 20%. At least 50% female. (Text, Custom) Value % overallof this, 63% female 82% overallof this, 63% female 60% of Enterprise Groups Date 14-Jun Jan May Jun /28/2018 Page 3 of 11

4 At least 35% of participating enterprises will have increased direct and/or indirect employment by at least 30% (Of these at least 35% will be women) (Text, Custom) Value % overall of this, 59% female 36% overall of this, 59% female At least 35% of participating SMEs and EGs or their members will have increased direct or indirect employment by at least 30%. Of these at least 50% will be women. Date 14-Jun Jan May Jun % of EGs supported by the Project will still be operating 2 years after start up. At least 35% will be female (Text, Custom) Value % 94% 80% of EGs Date 14-Jun Jan May Jun-2018 Direct project beneficiaries (Number, Custom) Value , , , Date 14-Jun Jan May Jun-2018 Female beneficiaries (Percentage, Custom Supplement) Value /28/2018 Page 4 of 11

5 At least 90% of project beneficiaries have access to financial services (Percentage, Custom) Value Date 14-Jun Jan May Jun-2018 No of BDSPs established by project (Number, Custom) Value Date 30-Nov May Jun-2018 Overall Comments Intermediate Results Indicators Value chain and sub-sector analysis completed in key identified sector i.e. poultry, fisheries, handicraft (Number, Custom) Value Date 30-May May May Jun /28/2018 Page 5 of 11

6 25% of SG members have accessed and repaid loans (Percentage, Custom) Value Assessment on cost effectiveness and technical capabilities of facilitating partners completed (Number, Custom) Value Date 30-May May May Jun-2018 Review of women-led SMEs completed, their challenges and needs identified (Number, Custom) Value Date 17-May May May Jun-2018 District situation analysis completed for new target provinces. (Number, Custom) Value Date 30-May May May Jun /28/2018 Page 6 of 11

7 Facilitating partners for social mobilization identified and procurement arrangements for them agreed between WB, MRRD and MoF (Number, Custom) Value Date 30-May May May Jun-2018 At least 70% of viable SGs federate into VSLAs (Percentage, Custom) Value At least 30% increase in direct/and or indirect employment (Percentage, Custom) Value Date 14-Jun Nov May Jun-2018 VSLAs maintain at least 95% repayment rate on loans and at any given time have at least 60% of loanable funds (Percentage, Custom) Value /28/2018 Page 7 of 11

8 At least 60% SGs and 80% VSLAs receive seed capital (Percentage, Custom) Value At least 80% VSLA receive seed capital (Percentage, Custom Supplement) Value At least 40% of loan-able funds are in circulation at any given time (Percentage, Custom) Value % of the supported SMEs report increased net revenues (Percentage, Custom) Value Date 14-Jun Nov May Jun /28/2018 Page 8 of 11

9 At least 15% of project supported SMEs are female owned (Percentage, Custom) Value Project management takes and records all necessary actions related to findings of regular monitoring, evaluation and learning reports (Text, Custom) Value N/A 100% Satisfactory Satisfactory All complaints received by Project and field staff are addressed within an established timeframe adn according to agreed standards (Text, Custom) Value No complaints 99% of the received complaints are addressed 99% of the received complaints are addressed 100% disposed Project management's development and accreditation of technical and professional service providers results in at least 20 project supported BDS service providers providing paidfor services (Number, Custom) Value /28/2018 Page 9 of 11

10 Project management satisfactorily addresses the findings of the statutory audit conductd by the Auditor General for all IDAfonanced/managed projects; and findings from an additional commercial audit (Text, Custom) Value No issues Findings addressed within 3 months Findings addressed within 3 months Findings addressed within 3 months Facilitating partners for social mobilization identified and procurement arrangements for them agreed between WB, MRRD and MoF. (Number, Custom) Value Date 30-May May May Jun-2018 Provincial situation analysis completed for at least 5 provinces. (Number, Custom) Value Date 30-May May May Jun-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P IDA-H5310 Closed USD % P TF Closed USD % 6/28/2018 Page 10 of 11

11 P TF-A3502 Effective USD % Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P IDA-H5310 Closed 09-Mar Apr Jun Jan Jun-2017 P TF Closed 27-Oct Oct Oct Jan Jan-2015 P TF-A3502 Effective 11-Oct Nov Nov Jun Jun-2018 Cumulative Disbursements Restructuring History Level Approved on 18-Dec-2013,Level 2 Approved on 10-Dec-2015,Level 2 Approved on 20-Jun-2017 Related Project(s) P Second Additional Financing for the Afghanistan Rural Enterprise Development Project 6/28/2018 Page 11 of 11