|Project Name||Rural Livelihood|
|Type of ADB Assistance / Amount||
|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|
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|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|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|
|Credit Committee Meeting||04 Mar 1998|
|Approval||29 Sep 1998|
|PDS Creation Date||01 Feb 2007|
|Last PDS Update||02 Feb 2007|
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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
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