Pakistan: Preparing the Micro, Small, and Medium-Sized Enterprises Financial Access, Inclusivity, and Resilience Project
The Technical Assistance (TA) is attached to the concept paper for a proposed loan of $125 million supporting financial inclusion of Micro, Small, and Medium-Sized Enterprises (MSME) and income generating households in Pakistan.
Project Details
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Project Officer
McCartney, Andrew C.
Central and West Asia Department
Request for information -
Country/Economy
Pakistan -
Sector
- Finance
Related Projects
Project Name | Preparing the Micro, Small, and Medium-Sized Enterprises Financial Access, Inclusivity, and Resilience Project | ||||||
Project Number | 54424-002 | ||||||
Country / Economy | Pakistan |
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Project Status | Active | ||||||
Project Type / Modality of Assistance | Technical Assistance |
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Source of Funding / Amount |
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Strategic Agendas | Inclusive economic growth |
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Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships |
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Sector / Subsector | Finance / Inclusive finance |
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Gender Equity and Mainstreaming | Gender equity | ||||||
Description | The Technical Assistance (TA) is attached to the concept paper for a proposed loan of $125 million supporting financial inclusion of Micro, Small, and Medium-Sized Enterprises (MSME) and income generating households in Pakistan. | ||||||
Project Rationale and Linkage to Country/Regional Strategy | In June 2020 Pakistan's microfinance industry serviced approximately 6.9 million borrowers with outstanding loans of approximately $1.9 billion (PRs 299 billion). Since 2015 the micro and small enterprise (MSE) loan book has grown at a compound average growth rate (CAGR) of 35% while client outreach increased at a CAGR of 20%. However, due to the economic decline in 2019 and COVID-19, client outreach and loan disbursements to households dropped sharply and further decline is anticipated until end 2021. Women borrowers were particularly hard hit declining 9% from June 2019-June 2020. The proposed project is to restore economic resilience of the household and MSME borrowers in response to the ongoing crisis and help kick-start lending. | ||||||
Impact |
Project Outcome | |
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Description of Outcome | |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Nation-wide |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Business Opportunities | |
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Consulting Services | Joint |
Procurement | Joint |
Responsible ADB Officer | McCartney, Andrew C. |
Responsible ADB Department | Central and West Asia Department |
Responsible ADB Division | Pakistan Resident Mission |
Executing Agencies |
Ministry of Economic Affairs, Economic Affairs Division Block Q, Pakistan Secretariat Islamabad, ICT, Pakistan 44000 Pakistan Resident Mission Tariq Anwar Pakistan |
Timetable | |
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Concept Clearance | - |
Fact Finding | - |
MRM | - |
Approval | 01 Jul 2021 |
Last Review Mission | - |
Last PDS Update | 14 Jul 2021 |
TA 6747-PAK
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
01 Jul 2021 | 10 Aug 2021 | 10 Aug 2021 | 31 Dec 2027 | - | - |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
Gov | Beneficiaries | Project Sponsor | Others | |||||
500,000.00 | 500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000.00 | 17 Jun 2022 | 93,903.45 |
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 |
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Preparing the Micro, Small, and Medium-Sized Enterprises Financial Access, Inclusivity, and Resilience Project: Technical Assistance Report | Technical Assistance Reports | Jun 2021 |
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
Tender Title | Type | Status | Posting Date | Deadline |
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Preparing the Micro, Small, and Medium-Sized Enterprises Financial Access, Inclusivity, and Resilience Project | Individual - Consulting | Closed | 21 Jan 2022 | 27 Jan 2022 |
Environment and Social Safeguards Specialist | Individual - Consulting | Closed | 30 Oct 2021 | 03 Nov 2021 |
Lead Micro Small, and Medium Enterprise Expert (International) | Individual - Consulting | Closed | 12 Jul 2021 | 26 Jul 2021 |
Financial Inclusion Specialist (Policy and Institutional) | Individual - Consulting | Closed | 18 Jun 2021 | 01 Jul 2021 |
Digital Financial Services Expert | Individual - Consulting | Closed | 18 Jun 2021 | 01 Jul 2021 |
Microfinance Research Specialist | Individual - Consulting | Closed | 18 Jun 2021 | 01 Jul 2021 |
Project Support Consultant | Individual - Consulting | Closed | 03 Jun 2021 | 16 Jun 2021 |
Project Management and Monitoring Expert | Individual - Consulting | Closed | 03 Jun 2021 | 16 Jun 2021 |
Lead Micro Small, and Medium Enterprise Expert | Individual - Consulting | Closed | 03 Jun 2021 | 16 Jun 2021 |
Gender Specialist | Individual - Consulting | Closed | 03 Jun 2021 | 16 Jun 2021 |
Credit Guarantee Facility Design and Credit Auction System Design/Management Firm | Firm - Consulting | Closed | 03 Jun 2021 | 26 Jul 2021 |
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.