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
    Pakistan
  • Sector
    • Finance
Project Name Expanding Access to Credit for Women
Project Number 52124-001
Borrower/Company Kashf Foundation (KF)
Country Pakistan
Location Nation-wide
Type or Modality of Assistance
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 Equity and Mainstreaming Gender equity
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Doukidis, Doukas
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
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 06 Aug 2021

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.

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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.