Pakistan : Preparing the Pakistan Women’s Inclusive Finance Sector Development Program
The Technical Assistance (TA) is attached to the concept paper for a proposed loan of $125 million supporting financial inclusion of Micro, Small, and Medium-Sized Enterprises (MSME) and income generating households in Pakistan.
Project Details
-
Project Officer
McCartney, Andrew C.
Sectors Group
Request for information -
Country/Economy
Pakistan -
Sector
- Finance
Related Projects
- Project Name
- Preparing the Pakistan Women’s Inclusive Finance Sector Development Program
- Project Number
- 54424-002
- Country / Economy
- Pakistan
- Project Status
- Active
- Project Type / Modality of Assistance
- Technical Assistance
- Source of Funding / Amount
-
TA 6747-PAK: Preparing the Micro, Small, and Medium-Sized Enterprises Financial Access, Inclusivity, and Resilience Project Source Amount Technical Assistance Special Fund US$ 500,000.00 Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00 TA 6747-PAK: Preparing the Pakistan Women's Inclusive Finance Sector Development Program Source Amount Technical Assistance Special Fund US$ 450,000.00 - Operational Priorities
- OP1: Addressing remaining poverty and reducing inequalities
- OP2: Accelerating progress in gender equality
- OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
- OP6: Strengthening governance and institutional capacity
- Sector / Subsector
Finance / Inclusive finance
- Gender
- Gender equity theme
- 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
- 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
- Environmental Aspects
- Involuntary Resettlement
- Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
- During Project Design
- During Project Implementation
Business Opportunities
- Consulting Services
- Joint
- Procurement
- Joint
Contact
- Responsible ADB Officer
- McCartney, Andrew C.
- Responsible ADB Department
- Sectors Group
- Responsible ADB Division
- Finance Sector Office (SG-FIN)
- Executing Agencies
-
Pakistan Resident Mission
Timetable
- Concept Clearance
- -
- Fact Finding
- -
- MRM
- -
- Approval
- 01 Jul 2021
- Last Review Mission
- -
- Last PDS Update
- 21 Sep 2022
Funding
TA 6747-PAK
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 01 Jul 2021 | 10 Aug 2021 | 10 Aug 2021 | 31 Dec 2027 | - | - |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 950,000.00 | 500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,450,000.00 |
| Date | Amount |
|---|---|
| 08 Aug 2024 | 711,108.17 |
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 |
|---|---|---|
| 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
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Related Publications
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Tenders
Contracts Awarded
Procurement Plan
None currently available.