Rural Enterprise Financing Project

Funding Information
(USD)
Total Actual Commitment:
50,000,000 USD
Total Planned Commitment:
0 USD
Total Actual Disbursements:
12,000,000 USD
Total Planned Disbursements:
0 USD
Unallocated Disbursements:
38,000,000 USD
TOTAL EXPENDITURES:
0 USD USD
Additional Information
Project Created By:
atl@mof.gov.np
Project Modified By:
atl@mof.gov.np
Project Created On:
10/27/2021
Created in workspace:
IECCD Workspace -Team
 
Identification
Project Title: 
Rural Enterprise Financing Project VALIDATED
ID: 
87238117724205

IATI Identifier: 


Gender Marker: 
Neutral

Climate Change Relevance: 
Neutral

Status:  On-Going
Budget Head:  000 
Status Reason: 

 


Input: 

The project will promote and finance commercial agribusiness enterprises collective owned by small farmers (collective enterprises) and individual small enterprises (individual enterprises) through Small Farmers Development Bank (SFDB), an apex development bank owned by Small Farmers Agriculture Cooperatives (SFACs). SFDB provides wholesale loans to SFACs; then SFACs re-lend to their small farmer members. Under the project, SFACs will re-lend the loan proceeds to their members' collective enterprises and individual enterprises.


Outputs: 
  • Collective enterprises developed and financed
  • Individual enterprises promoted and financed
  • Rural enterprise financing capacity enhanced

Outcome:

Small farmers' engagement in rural enterprises increased


Impact: 

 



Budget Type:
On Budget

Treasury Type:


Humanitarian Aid: No

Planning

Date of Agreement:  12-10-2019
Date of effectiveness:  06-03-2020
Proposed Start Date: 
Actual Start Date: 
Planned Completion Date:  06-30-2025
Location
[NEPAL] 0.0%

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Map

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National Plan
[National Development Plan (NDP)]   [Macroeconomic Policy and Economic Development Policy]   [Agriculture and Food Security] 100.0%
Sectors

PRIMARY SECTORS
Nepal Sector Classification - AGRICULTURE (100.0)%


Implementing/Executing Agencies

Donor Organization: 
  • Asian Development Bank

Counterpart Ministry : 
  • Ministry of Finance 100.0 %

Executing Agency: 
  • Ministry of Finance 100.0 %

Implementing Agency: 
  • Ministry of Finance 100.0 %
Funding
GON Fund
Location Transaction Date Amount
Federal NPR
Benificary Fund
Location Transaction Date Amount
Federal NPR
Asian Development Bank
Transaction Type Transaction Date Type Of Assistance Mode Of Payment Post Earthquake Assistance Aid Type Financing Instrument Amount
Actual Commitment 12-10-2019 Concessional Loan Assistance Direct Payment No NORMAL CASE Project Support 50,000,000 USD
Sub Total Actual Commitment: 50,000,000 USD
Sub Total Planned Commitment: 0 USD
Actual Disbursement 03-31-2021 Concessional Loan Assistance Direct Payment No NORMAL CASE Project Support 5,000,000 USD
Actual Disbursement 07-15-2021 Concessional Loan Assistance Direct Payment No NORMAL CASE Project Support 7,000,000 USD
Sub Total Actual Disbursement: 12,000,000 USD
Sub Total Planned Disbursement: 0 USD
UNDISBURSED BALANCE: 38,000,000 USD
Progress Achieved

Progress Achieved: 

 


Key Problems: 

 


Steps Taken to solve the problem: 

 


Document

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