Project Name Rural Livelihood
Project Number 26624-013
Country Bangladesh
Approval Number 1634
Type or Modality of Assistance
1634 ADF US$ 42.60 million Approved
Strategic Agendas
Drivers of Change
Sector / Subsector

Finance - Inclusive finance

Gender Equity and Mainstreaming
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Responsible ADB Officer ADB Disclosure
Project Sponsor(s)

The objectives of the Project is to support the Government's poverty reduction efforts through the creation of sustainable farm and nonfarm employment. A corollary objective of the Project is to transform successful cooperatives of the RPCP into sustainable microfinance institutions (known as DBBs). The Project comprises four components: (i) the formation of landless poor societies and the provision of microfinancial services to society members; (ii) project management; (iii) the declining support of the RPCP; and (iv) support of a pilot DBB to be created under a TA proposed to accompany the Project.

The Project aims to mobilize and provide support for more than 500,000 members to start microenterprises and income-generating activities. Of these members, 246,000 would be new members and the rest would be existing participants of the RPCP. The Project area will cover 152 thanas (sub-districts), of which 70 thanas are depressed and underdeveloped with a large proportion of poor. The remaining 82 thanas comprise the RPCP areas and require a small amount as further support until they become self-sustainable.

Objectives and Scope
Linkage to Country/Regional Strategy

Safeguard Categories

Environment B
Involuntary Resettlement
Indigenous Peoples

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Business Opportunities

Consulting Services About 15 person-months of domestic consultants will be required to provide assistance in training and financial systems development. Domestic firms will be engaged (according to Bank's Guidelines on the Use of Consultants and other arrangements satisfactory to the Bank with respect to domestic consultants) to undertake field surveys, midterm evaluation, and independent audits of TBCCAs. Selection and engagement of consultant trainers for local awareness and employable skills training of the poor, to be financed from the loan proceeds, will be undertaken in accordance with the Borrower's procedures acceptable to the Bank.
Procurement Goods and services for the Project will be acquired in accordance with the Bank's Guidelines for Procurement. Procurement under the microcredit component will follow the Bank's Guidelines for Procurement for small-scale projects under development finance institution (DFI) loans.

Timetable for assistance design, processing and implementation

Concept Clearance 23 Dec 1994
Due Diligence
Credit Committee Meeting 04 Mar 1998
Approval 29 Sep 1998
PDS Creation Date 01 Feb 2007
Last PDS Update 02 Feb 2007

This page was generated from on 27 October 2016