29237-013: Rural Microfinance Project

Project Data Sheet (PDS): Overview


Description

The Project targets women below the poverty line that are least served by financial, technical, and social services. Beneficiaries will be provided with opportunities to increase their incomes and employment opportunities and improve their quality of life through the promotion of microenterprise development savings mobilization. The Project is designed to provide a sustainable mechanism for rural credit delivery through the use of nongovernment organizations small rural banks, and savings ... Read More

Country Nepal
Project Number 29237-013
Project Type or Modality of Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Date 08 Dec 1998
Closing Date 15 Aug 2007
Geographical Location Kathmandu
Sector / Subsector Classification Finance
/ Banking Systems
Thematic Classification Economic growth
Governance
Safeguard Categories Environment: B

Results Delivered

Microfinance loan accounts opened / end borrowers reached (number) 400,000

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)

Responsible ADB Officer
Raymond Z. H. Renfro
Email contact

Responsible ADB Department
South Asia Department

Responsible ADB Divisions
Public Management, Financial Sector and Trade Division, SARD

Executing Agencies
Nepal Rastra Bank
Mr. Sushil Ram Mathema

Rural Microfinance Devt Centre Ltd(Bittiya Sanstha
Shankar Man Shrestha

PDS Creation Date
05 Feb 2007

Last PDS Update
17 Oct 2007

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