Regional: Building Community Resilience through Microfinance in Lagging Peri-Urban Settlements

Nonsovereign (Private) Project | 44934-020

The regional TA will support the Microfinance Risk Participation and Guarantee Program in addressing market gaps while strengthening financing for home improvement and upgrading housing and access to water supply and sanitation through the provision of loan loss guarantees, targeting these end-use specific loans. The TA addresses bottlenecks by providing a first-loss guarantees on loans that partner financial institutions extend to MFIs, specifically targeted at home improvement and improving access to water and sanitation In addition, the TA will also provide capacity building to MFIs covering: (i) product development, project planning and implementation with the targeted micro-borrowers; (ii) training of MFI staff; (iii) establishing guidelines for climate-resilient model housing and materials; and (iv) creating local language content knowledge-dissemination and training materials. Given the requirements of the TA providers; the TA has been designed and is being implemented on a regional basis.

Project Name Building Community Resilience through Microfinance in Lagging Peri-Urban Settlements
Project Number 44934-020
Borrower/Company
Country Regional
Bangladesh
India
Indonesia
Nepal
Philippines
Viet Nam
Location Bangladesh - Nation-wide; India - Nation-wide; Indonesia - Nation-wide; Nepal - Nation-wide; Philippines - Nation-wide; Viet Nam - Nation-wide
Type or Modality of Assistance
9833 Technical Assistance USD 3.00 million Proposed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Inclusive finance

Gender Equity and Mainstreaming Effective gender mainstreaming
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 The regional TA will support the Microfinance Risk Participation and Guarantee Program in addressing market gaps while strengthening financing for home improvement and upgrading housing and access to water supply and sanitation through the provision of loan loss guarantees, targeting these end-use specific loans. The TA addresses bottlenecks by providing a first-loss guarantees on loans that partner financial institutions extend to MFIs, specifically targeted at home improvement and improving access to water and sanitation In addition, the TA will also provide capacity building to MFIs covering: (i) product development, project planning and implementation with the targeted micro-borrowers; (ii) training of MFI staff; (iii) establishing guidelines for climate-resilient model housing and materials; and (iv) creating local language content knowledge-dissemination and training materials. Given the requirements of the TA providers; the TA has been designed and is being implemented on a regional basis.
Linkage to Country/Regional Strategy Refer to project data sheet of 44934-014 for updated/latest information.
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 16 Jun 2021

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