Nepal: Rural Finance Sector Development Cluster Program (Subprogram II)

Sovereign Project | 36169-062 Status: Closed



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Project Name Rural Finance Sector Development Cluster Program (Subprogram II)
Project Number 36169-062
Country Nepal
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7196-NEP: Rural Finance Sector Development Cluster Program (Subprogram II)
Technical Assistance Special Fund US$ 400,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Finance sector development

Gender Equity and Mainstreaming
Description tbd
Project Rationale and Linkage to Country/Regional Strategy
Impact The expected impact of the ensuing Rural Finance Sector Development Cluster Program (RFSDCP) subprogram II is enahnced rural financial intermediation through formal and semi-formal financial institutions to contribute to rural economic growth and poverty reduction in Nepal.
Project Outcome
Description of Outcome The outcome the project preparatory technical assistance (PPTA) is the design of RFSDCP subprogram II with the components, policy, and institutional reform conditions, and other implementation arrangements satisfactory to the Government of Nepal and Asian Development Bank (ADB).
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

(i) Review of the achievement of subprogram I especially on institutional reform and restructuring of the key rural financial institutions, and

(ii) Overall design and implementation framework of RFSDCP, subprgoram II including:

- Agricultural Development Bank Limited Diagnostic Review, Financial Analysis and Projection

- 2nd phase Agricultural Development Bank Limited Restructuring Plan

- Updated Small Farmers Development Bank Restructuring Plan

- Grameen Bikash Banks Reform Plans

- Draft Act for microfinance and rural finance regulation

- Business and operational plan fo rthe microfinance regulatory authority/second tier institution

- Other relevant policy and institutionl reform plans as per the requirements of the Government of Nepal and ADB

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services

The following consultants will be engaged by ADB through a consulting firm(s):

- an international financial institutions restructuring/team leader for 6 months;

- an international rural and microfinance institutions development specialist for 4 months;

- a national financial analysis specialist for 6 months;

- a national management information system specialist for 3 months;

- a national human resource development specialist for 2 months;

- a national banking business development specialist for 3 months; and

- an international financial analysis specialist for 0.5 months.

Responsible ADB Officer Mayumi Ozaki
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Ministry of Finance
The Government of Nepal
Singha Durbar
Kathmandu, Nepal
Concept Clearance 18 Nov 2008
Fact Finding 23 Nov 2008 to 28 Nov 2008
Approval 10 Dec 2008
Last Review Mission -
Last PDS Update 21 Oct 2010

TA 7196-NEP

Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
400,000.00 0.00 80,000.00 0.00 0.00 0.00 480,000.00 - 0.00

Safeguard Documents

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None currently available.

Evaluation Documents

See also: Independent Evaluation

None currently available.

Related Publications

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