fbpx 54233-001: COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises | Asian Development Bank

Viet Nam: COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises

Sovereign (Public) Project | 54233-001 Status: Active
 
Project Name COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises
Project Number 54233-001
Country Viet Nam
Project Status Active
Project Type / Modality of Assistance Grant
Source of Funding / Amount
Grant 0781-VIE: COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises
Women Entrepreneurs Finance Initiative US$ 5.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Partnerships
Private sector development
Sector / Subsector

Finance / Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Gender equity
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Economic recovery accelerated
Project Outcome
Description of Outcome

Businesses of eligible enterprises affected by COVID-19 revived and sustained

Eligible enterprises must qualify as small and medium-sized enterprises by either (i) borrowing for an original principal amount between $5,000 and $1 million or (ii) meeting 2 out of the 3 following sub-criteria: (a) between 10 and 300 employees, (b) total assets between $100,000 to $15 million, and (c) annual sales between $100,000 and $15 million.

Eligible enterprises must also qualify as women-led or women-owned businesses by either (i) being at least 51% owned by a woman or women; or (ii) meeting all of the following 3 sub-criteria: (a) at least 20% owned by a woman or women, (b) a woman as senior or second most senior executive, and (c) at least 30% of the board members are women (where a board exists).

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Access to finance for eligible enterprises affected by COVID-19 improved

Access to finance for eligible enterprises affected by COVID-19 improved

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Lambert, Donald J.
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Viet Nam Resident Mission
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
State Bank of Vietnam
[email protected]
47-49 Ly Thai To Street
Hanoi
Vietnam
State Bank of Vietnam
47-49 Ly Thai To Street
Hanoi
Vietnam
Timetable
Concept Clearance 13 Mar 2022
Fact Finding 23 Apr 2020 to 23 Apr 2020
MRM 23 Jul 2020
Approval 09 Dec 2020
Last Review Mission -
Last PDS Update 09 Dec 2020

Grant 0781-VIE

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
09 Dec 2020 22 Dec 2020 12 Apr 2021 30 Jun 2023 - -
Financing Plan Grant Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 5.02 Cumulative Contract Awards
ADB 0.00 09 Dec 2020 0.00 0.00 0%
Counterpart 0.02 Cumulative Disbursements
Cofinancing 5.00 09 Dec 2020 0.00 0.20 4%

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.

Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.