29229-023: Microfinance Sector Development Project (formerly Rural Microfinance)

Project Data Sheet (PDS): Details


Description

The Project's objective is to leverage policy actions implemented under the policy loan part of the MSDP to improve the socioeconomic status of the poor, especially women. This is to be accomplished by increasing investment, incomes, and employment through supports provided to expand outreach, enhance social capital, and strengthen institutions. The Project scope includes (i) a credit line of $68 million equivalent to support investments in farm and nonfarm income generating activities; (ii) community organization and skills development, with special emphasis on women, and the provision of basic community infrastructure; and (iii) institutional strengthening of the implementing and executing agencies.

Safeguard Categories

Environment: B
Involuntary Resettlement:
Indigenous Peoples:

Summary of Environmental and Social Aspects

Microfinance bank (MFB) has established an environment unit at MFB head office to mainstream environment aspects. The environment review manual has been issued and the staff have received training to discuss environmental issues linked to microfinance loans with community organisations (COs).



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.

Project Data Sheets (PDS)

Timetable

Fact-finding
05 Jun 2000 to 23 Jun 2000

Management Review Meeting
27 Jul 2000

Approval
13 Dec 2000

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