Original disclosure @ ADB website
Updated in EWS Jun 19, 2019
Disclosed by Bank May 30, 2019
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According to the bank website, "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 relend to their small famer members. Under the project, SFACs will relend the loan proceeds to their members' collective enterprises and individual enterprises."
Responsible ADB OfficerOzaki, Mayumi
Responsible ADB DepartmentSouth Asia Department
Responsible ADB DivisionPublic Management, Financial Sector and Trade Division, SARD
Ministry of Finance
The Government of Nepal
Singha Durbar, Kathmandu, Nepal
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main