Project Name Promoting Innovative Financial Inclusion Program (Subprogram 2)
Project Number 52218-002
Country / Economy Indonesia
Project Status Active
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 4249-INO: Promoting Innovative Financial Inclusion Program (Subprogram 2)
Ordinary capital resources US$ 500.00 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Finance / Inclusive finance

Gender Gender equity theme
Project Rationale and Linkage to Country/Regional Strategy
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Jayawardana, Poornima G.W.
Responsible ADB Department Sectors Group
Responsible ADB Division Finance Sector Office (SG-FIN)
Executing Agencies
Fiscal Policy Office-Ministry of Finance
Concept Clearance 18 Jan 2024
Fact Finding 10 Mar 2022 to 31 Aug 2022
MRM 20 Sep 2022
Approval 15 Nov 2022
Last Review Mission -
Last PDS Update 15 Nov 2022

LoanĀ 4249-INO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
15 Nov 2022 28 Dec 2022 07 Feb 2023 30 Nov 2023 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 500.00 Cumulative Contract Awards
ADB 500.00 21 Jul 2023 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 21 Jul 2023 500.00 0.00 100%
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