Additional Finance BO Rural Alliances Project II (WB-P158532)

Countries
  • Bolivia
Where the impacts of the investment may be experienced.
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
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 13, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Plurinational State of Bolivia
The holder of the loan, grant, or other investment.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 129.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 4, 2017

Disclosed by Bank Aug 12, 2016


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Project Description
The development objective of the Second Rural Alliances Project for Bolivia is to improve accessibility to markets for small rural producers in the selected areas by: (a) promoting productive alliances between different small rural producer organizations and purchasers; (b) empowering rural producers through the establishment and strengthening of self-managed grass-root organizations; (c) increasing access to productive assets, technology, and financial services; (d) promoting more effective, responsive, and accountable service organizations at the local level; and (e)enhancing environmental sustainability of productive practices. The additional financing (AF) aims to scale up activities to enhance the impact of a project that has proven effective in improving rural income and reducing poverty in Bolivia. The AF will enable the project to reach an additional 27,825 rural households, largely indigenous, via support to approximately 768 new productive alliances. The changes include: (i) revisiting the project’s results framework and monitoring indicators matrix; (ii) expanding the project’s geographic area from 120 municipalities to all 339 municipalities of the country; (iii) the project envisions that approximately 75 percent of the monetary transfers to producers via alliances will be aligned with on-farm irrigation and water use efficiency investments, as well as support to the adoption of other climate-smart practices; (iv) financing about 48 municipal subprojects, with two-thirds of the investments supporting irrigation improvements; (v) triggering of two additional safeguard policies: projects on international waterways, and safety of dams; (vi) adjusting institutional arrangements to add fiduciary responsibilities to the productive and social investment fund (fondo de inversion productiva y social, FPS) in the implementation of sub-component 2.b.
Investment Description
  • World Bank (WB)
Contact Information
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