Funding Information
()
Total Actual Commitment:
203,329
Total Planned Commitment:
0
Total Actual Disbursements:
121,814
Total Planned Disbursements:
0
Total Actual Release of Funds :
121,814
Unallocated Disbursements:
81,515
TOTAL PLANNED EXPENDITURES:
0
Additional info
Activity Created By:
Created in workspace:
Samriddha Pahad UK -
Team
Computation:
Yes
Activity Created On:
20/01/2016
Activity updated on:
31/08/2017
Data Team Leader:
Samriddha Pahad
UK
samriddhapahad@amp.org
Identification
Project Title:
Samriddha Pahad-II
AMP ID:
8723878914045
Status:
On-Going
Status Reason:
The project agreement is signed with SWC and project is implementing in Terhathum and Taplejung districts of eastern Nepal.
Outputs:
Output 1: Client’s capacity and knowledge built for uses of financial services for efficient production, enterprise planning and effective market access
Output 2: Capacity development of Community Institutions (CIs) i.e. Cooperatives and Groups and formal Financial Service Providers (FSP) to create appropriate financial products and services for clients in rural Mountains and Hills
Output 3: Promising practices and innovative approaches of Mountain Finance model shared with key local and national stakeholders for replication and scale-up
Input:
Client's capacity built for efficient production, enterprise finance planning and effective market access
Identification of target individuals/ HHs and community groups, Baseline survey design, training and study, Assessments of community institutions (CIs) such as local informal groups, cooperatives and CBOs, Identification of appropriate CIs for partnership with Project, Formation of groups, Enterprise Development/ Livelihoods Training package development, Enterprise Development/ Livelihoods Training delivery to individuals and groups, Development of individual/ group enterprise business plans, Financial Literacy Training package development, Financial Literacy Training delivery to individuals and groups, Linkages with Financial Institutions/ Community Institutions for appropriate financial products and/or services
Capacity development of Community Institutions (CIs) and Financial Institutions (FIs) to create appropriate financial products and services for clients in rural Mountains and Hills
Assessments of Financial Institutions, Partnership with Financial Institutions, Design, development and marketing of Financial Products, Assessments of Community Institutions (CIs), Institutional Capacity Development of partner CIs, Linkages of partner CIs with partner FIs for whole-sale loan, Seed Fund support for institutional Development of CIs
Promising practices and innovative approaches of Mountain Finance model shared with key local and national stakeholders for replication and scale-up
Research, design and development of case studies, Dissemination of case studies through appropriate mediums and channels, District based “Access to Finance – key lessons from Samriddha Pahad” workshop, Regional “Access to Finance – key lessons from Samriddha Pahad” workshop, National workshop on “Promising Practices on Access to Finance”,
Review, Evaluation, Monitoring and Workshops
Inception workshops and meetings (Districts and VDCs), Formation of Central and District Project Advisory Committees (CPAC and DPAC), Half-yearly Project Review meetings of DPAC, Quarterly Review and Planning meetings for Samriddha Pahad Project, Annual Project Review Meeting, On-site monitoring by the Trust, Joint monitoring and supervision by DPAC, On-site monitoring by CPAC, SWC and relevant line agencies in coordination
Impact:
Contribution in the poverty reduction and improve livelihood.
Outcome:
Increase in access to formal financial services of community people living in rural and remote mountains and hills of Nepal
Climate Change Relevance:
Neutral
Physical Progress %:
Gender Marker:
Indirectly Supportive
budget
Activity is Off Budget
Donor Codes:
Organization Name: Samriddha Pahad UK
Organization Acronym: SP
Organization Group: INGO
Organization Type: NGO
Humanitarian Aid:
No
Planning
Date of Agreement:
14/09/2015
Date of effectiveness:
14/09/2015
Proposed Start Date:
01/05/2015
Actual Start Date:
14/09/2015
Extension Date 2:
Extension Date 2 Comments:
Planned Completion Date:
13/09/2017
Extension Date 1:
Extension Date 1 Comments:
Location
[NEPAL]
[Eastern (Purwanchal)]
[Koshi ]
[Terhathum (Manglung)]
60%
[NEPAL]
[Eastern (Purwanchal)]
[Mechi ]
[Taplejung (Taplejung)]
40%
Implementation Level:
Development Region
Implementation Location:
District
National Plan
[National Development Plan (NDP)] [Macroeconomic Policy and Economic Development Policy] [Private, Public and Cooperatives/Community Sector Partnership]
60.0%
[National Development Plan (NDP)] [Macroeconomic Policy and Economic Development Policy] [Agriculture Loan, Rural Loan and Micro Finance]
40.0%
Sectors
Primary Sector
Nepal Sector Classification
-
FINANCIAL SERVICES
(50.0)%
Nepal Sector Classification
-
LIVELIHOOD
(50.0)%
Secondary Sector
Nepal Functional Coding
-
ECONOMIC AFFAIRS
-
Other industries
(100.0)%
Funding
Actual Commitments
Actual
14/09/2015
203,329
Dollar US
Subtotal Actual Commitments:
203,329
ACTUAL DISBURSEMENT:
Actual
15/07/2017
121,814
Dollar US
SUBTOTAL ACTUAL DISBURSEMENT:
121,814
Actual Expenditures:
Actual
15/07/2017
121,814
Dollar US
SUBTOTAL ACTUAL EXPENDITURES:
121,814
Undisbursed Balance:
81,515
Total Actual Commitments:
203,329
Total Actual Disbursements:
121,814
TOTAL ACTUAL EXPENDITURES:
121,814
Undisbursed Balance:
81,515
Consumption Rate:
100%
Delivery rate:
60%
Key Achievements
Outcome Level Achievements: - 1,920 new clients using micro-loans and other appropriate financial services for enterprise finance- Four Financial Institutions working with community groups with new and innovative financial products and services- 112 local community institutions (cooperatives) receiving services through project- USD 455,000 (NPR 46,459,488) amount of loan disbursed through Financial Institutions to Community Institutions (cooperatives) to members/clients
31/07/2017
Output Level Achievements- 1 Detail study of the project area- 229 - Capacity assessment of Community institutions registered in the district- 112- Identification of cooperatives for partnership with Project- 7,157 - Financial Literacy Training delivery to the members of community institutions - 680 – Enterprise development/Livelihoods Training delivery to individuals and groups- 6- Partnership with Financial Institutions (FIs)- 16 - Development of financial products for Banks and Cooperatives - 81 - Detail Assessments of Community institutions (cooperatives)- 76 - Institutional Capacity Development package for cooperatives - 9 - Linkages of partner CIs with partner FIs for whole-sale loan- 1,920 - Clients using micro loans- 3 - Research, design and development of case studies- 5 - Dissemination of case studies through appropriate mediums and channels- 6 - Financial services promotion workshop- 7 - Project inception meeting with District level stakeholders- 4 - Annual project progress review meeting in districts with stakeholders- 1 - Formation of Central Project Advisory Committees (CPAC)- 3- Formation of District Project Advisory Committees (DPAC)- 4 - Half-yearly Project Review meetings of DPAC- 8 - Quarterly Review and Planning meetings - 4 - Annual Project Review Meeting- 6 - On-site monitoring by the SP UK- 5 - Joint monitoring and supervision by DPAC- 2 - On-site monitoring by CPAC, SWC and relevant line agencies in coordination with the SP UK (CPAC meeting conducted at Kathmandu)
31/07/2017
Related Documents
General Agreement -
GA-SWC_SPUK.pdf
Date:
1/20/2016
Implementing/Executing Agencies
Donor Organization
Counterpart Ministry
Ministry of Finance - Investments in Public Enterprises
50.0 %
Ministry of Cooperative and Poverty Alleviation
50.0 %
Executing Agency
Samriddha Pahad UK
100.0 %
Implementing Agency
NGOs
(Deurali Society)
61.0 %
Ministry of Forest and Soil Conservation
(Kangchenjunga Conservation Area Management Council)
39.0 %
Contact Information
Project Sites (VDC and below)