Poverty Reduction Fund III Additional Financing (WB-P168620)

Countries
  • Laos
Geographic location where the impacts of the investment may be experienced.
Specific Location
Houaphan Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Lao People's Democratic Republic
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 22.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 12.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 22.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 1, 2024

Disclosed by Bank Apr 25, 2019

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank document, the project aims to improve access to basic services for the targeted poor communities. The project outcomes would be achieved through inclusive community and local development processes with an emphasis on ensuring sustainability. Additionally, it aims to improve access to basic services as well as to support the production and consumption of nutritious foods in the
Project’s targeted poor communities. The project consists of:

Component 1: Community Development Sub-Grants. An allocation of US$2.00 million will be distributed proportionally across the 12 target districts according to the percentage of target villages in the district which are not already covered by Agriculture for Nutrition (AFN). Each village will have an average of $10,000 for infrastructure investments, and district governments will facilitate review and allocation of actual funds according to proposals made by each village, so specific subproject values may be higher or lower than the average. 

Component 2: Local and Community Development Capacity Building. The main activities financed under this Component will be capacity building by project consultants and government staff as well as direct support to implementation in the field. There will also be modest resources available for occasionally engaging technical specialists to strengthen implementation activities such as microfinance or nutrition specialists.

Component 3: Project Management.  Consultants will be retained only in the 10 districts within the 4 target provinces where activities are ongoing and two new district offices will be established with the district administration in Kham and Bountai in Houaphan Province. Management Information Systems (MIS) and Monitoring and Evaluation (M&E) activities will be enhanced through the introduction of an online system that allows for the entry of data in the field and real-time data analysis and report generation. Some reports will also be shared publicly to enhance the transparency and accountability of project activities. 

Component 4: Nutrition Enhancing Livelihood Development. This component will be significantly scaled up, with additional subcomponents and activities. Subcomponent (4.1) will be expanded from capacity building of existing Self-Help Groups (SHGs) to the establishment of new SHGs through seed grants and ongoing technical support as well as the addition of Producer Groups (PGs) to enhance SHG member access to formal markets through village level commodity aggregation and value addition. Young Graduates (YGs) who have been trained at agricultural or other relevant institutes in the country will be hired to support project activities in a catchment of 4 villages. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

International Development Association (IDA) US$ 12.50 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

1/World Bank
Contact: Erik Caldwell Johnson. Senior Social Development Specialist

Contact: Sybounheung Phandanouvong. Senior Social Development Specialist

2/Borrower/Client/Recipient

Ministry of Finance

3/Implementing Agencies

Poverty Reduction Fund
Contact: Chit Thavisay
Position: Executive Director
Email: chitthavisay@prflaos.org

FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Web: http://www.worldbank.org/projects

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

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How it works