fbpx 44934-018: Microfinance Risk Participation and Guarantee Program - Transaction Support for Expansion Subproject 1: Expansion Support | Asian Development Bank

Regional: Microfinance Risk Participation and Guarantee Program - Transaction Support for Expansion Subproject 1: Expansion Support

Nonsovereign (Private) Project | 44934-018 Status: Active

This is the first subproject under the Microfinance Risk Participation and Guarantee Program Transaction Support for Expansion. The cluster TA has the following overall outcome: sustainable financial inclusion increased. Through a combination of funding instruments, partners will receive more financing for lending to the target population, and PFIs will be more comfortable to lend directly to this market segment. To support MFIs in diversifying their funding sources and product offerings, this subproject will support in guarantee and risk participation product readiness to credit enhance bonds and securitizations issued by MFIs. It will also support identification and evaluation of potential new partner banks in new countries, previously not covered by the program.

 
Project Name Microfinance Risk Participation and Guarantee Program - Transaction Support for Expansion Subproject 1: Expansion Support
Project Number 44934-018
Borrower/Company
Country Regional
Bangladesh
India
Myanmar
Location Bangladesh - Nation-wide; India - Nation-wide; Myanmar - Nation-wide
Type or Modality of Assistance
9485 Technical Assistance USD 500,000 Proposed
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Private sector development
Sector / Subsector

Finance / Inclusive finance

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Financial Institutions Division
Responsible ADB Officer Taneja, Anshukant
Project Sponsor(s)
Objectives and Scope This is the first subproject under the Microfinance Risk Participation and Guarantee Program Transaction Support for Expansion. The cluster TA has the following overall outcome: sustainable financial inclusion increased. Through a combination of funding instruments, partners will receive more financing for lending to the target population, and PFIs will be more comfortable to lend directly to this market segment. To support MFIs in diversifying their funding sources and product offerings, this subproject will support in guarantee and risk participation product readiness to credit enhance bonds and securitizations issued by MFIs. It will also support identification and evaluation of potential new partner banks in new countries, previously not covered by the program.
Linkage to Country/Regional Strategy Finance sector development is one of ADB's strategic priorities set forth in the Midterm Review of Strategy 2020. In its approach to inclusive economic growth, ADB will emphasize inclusive finance by improving and expanding access to finance for the low-income population and for micro, small, and medium-sized enterprises. The program is also in line with ADB's Private Sector Development Strategy, ADB Gender Equality and Women's Empowerment Operational Plan 2013-2020 as well as ADB's Financial Sector Operational Plan.
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 15 May 2019

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

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

None currently available.

Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.