Pakistan : Expanding Access to Credit for Women

Nonsovereign Project | 52124-001

Project Details

  • Project Officer
    Doukidis, Doukas
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Pakistan
  • Sector
    • Finance

Related Projects

Project Name
Expanding Access to Credit for Women
Project Number
52124-001
Borrower / Company
  • Kashf Foundation (KF)
Country / Economy
  • Pakistan
Location
Nation-wide
Type or Modality of Assistance
Approval Number Facility Fund Source Amount Status
3773 Loan Ordinary capital resources USD 15.00 million Committed
CF86 B-Loan Other USD 10.00 million Committed
Strategic Agendas
  • Inclusive economic growth
Drivers of Change
  • Private sector development
Sector / Subsector
  • Finance / Inclusive finance

Gender
Gender equity theme
Project Sponsor(s)
    Description
    Objectives and Scope
    The loan to Kashf Foundation is a $15 mln A loan and $10 mln B loan to support expansion of credit access for women in Pakistan.
    Status of Development Objectives
    On-going
    Status of Operation/Construction
    On-going
    Linkage to Country/Regional Strategy
    The proposed project specifically supports the following key operational priorities of ADB's Strategy 203019: (i) addressing remaining poverty and reducing inequalities; (ii) promoting rural development; and (iii) accelerating progress in gender equality through the GAP. The proposed loan contributes to financial sector development by supporting the growth of an MFI, with microfinance being an important component of the financial sector in Pakistan.

    Safeguard Categories

    Environment
    FI-C
    Involuntary Resettlement
    FI-C
    Indigenous Peoples
    FI-C

    Summary of Environmental and Social Aspects

    Environmental Aspects
    KF has an Environmental Policy to reduce its direct and indirect impact. Given KF's loan characteristics in terms of size, loan period and nature, transactions under KF will have minimal or no adverse environmental impacts.
    Involuntary Resettlement
    Unlikely to entail impacts on involuntary resettlement.
    Indigenous Peoples
    Unlikely to entail impacts on indigenous peoples.
    Stakeholder Communication, Participation, and Consultation
    T

    Contact

    Responsible ADB Officer
    Doukidis, Doukas
    Responsible ADB Division
    Portfolio Management Division, PSOD
    Responsible ADB Department
    Private Sector Operations Department

    Timetable for assistance design, processing, and implementation

    Concept Clearance
    19 Jun 2018
    Credit Committee Meeting
    26 Nov 2018
    Approval
    04 Feb 2019
    Last PDS Update
    05 Oct 2023

    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.

    Title Document Type Document Date
    Expanding Access to Credit for Women Documents Produced Under Grant/Loans/TA Mar 2021
    Expanding Access to Credit for Women: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Feb 2019
    Expanding Access to Credit for Women: Report and Recommendation of the President Reports and Recommendations of the President Jan 2019

    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.