28201-013: Rural Finance

Project Data Sheet (PDS): Overview


Description

The long-term objective of the Project is to develop a sustainable rural financial system that will contribute to both economic growth and poverty reduction. The Project has two purposes: (i) to increase the availability of and access to savings and credit services in rural areas and among the poor, and (ii) to provide a focal point for rural communities to access information and resources to support economic activities to be financed by SCUs, and satisfy socially related information and trainin... Read More

Country Mongolia
Project Number 28201-013
Project Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 1848
Approval Date 25 Oct 2001
Closing Date 09 Nov 2007
Geographical Location Phase I: Four aimags (provinces) Arhangay, Dundgovi, Dzavhan, and Sukhbaatar.Phase II: nationwide
Sector / Subsector Classification Finance
/ Microfinance
Safeguard Categories Environment: B

Results Delivered

Microfinance loan accounts opened / end borrowers reached (number) 2,045

The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.

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Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Yuebin Zhang
Request for information

Responsible ADB Department
East Asia Department

Responsible ADB Divisions
Public Mgt, Financial Sector and Regional Coop Division, EARD

Executing Agencies
Ministry of Finance

PDS Creation Date
06 Dec 2006

Last PDS Update
21 Dec 2006

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