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29229-023: Microfinance Sector Development Project (formerly Rural Microfinance)
Project Data Sheet (PDS): Overview
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 $68 million equivalent to support investments in farm and nonfarm income generating activities; (ii) com... Read More
| Country |
Pakistan |
|---|---|
| Project Number | 29229-023 |
| Project Type or Modality of Assistance |
Loan |
| Financing | Public sector (Sovereign) |
| Status | Closed |
| Approval Number |
Loan No. 1806 |
| Approval Date | 13 Dec 2000 |
| Closing Date | 22 Apr 2008 |
| ADB Financing ($ thousand) | 80,000 |
| Geographical Location | Nationwide |
| Sector / Subsector Classification |
Finance / Microfinance |
| Safeguard Categories |
Environment: B |
Results Delivered
| Microfinance loan accounts opened / end borrowers reached (number) | 283,965 |
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.
Related News
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26 May 2010 | Feature
Related Projects
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.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Responsible ADB Officer
Ashok Sharma
Email contact form
Responsible ADB Department
Central and West Asia Department
Responsible ADB Divisions
Regional Cooperation and Operations Coordination Div, CWRD
Executing Agencies
State Bank of Pakistan
Zulfikar A. Khokhar
PDS Creation Date
13 Dec 2006
Last PDS Update
14 Feb 2008