Pakistan - Contracts Awarded

Poverty Alleviation Fund Project

The Pakistan Poverty Alleviation Fund (PPAF) Project seeks to alleviate poverty and empower the rural and urban poor, by providing them with access to resources and services. There are five project components. 1) Micro-credit will provide loans to partner organizations (POs) for on-lending to individuals or groups of individuals who meet the eligibility criteria of the PPAF at rates that ultimately cover their directly attributable credit administrative costs, loan loss, cost of funds and reasonable profit to maintain real value of equity. 2) Community infrastructure will support, in the form of grants on a cost sharing basis, small scale community infrastructure sub-projects to improve the quality of life of the poor. 3) Capacity building of partner organizations will support, in the form of grants, capacity building of communities and POs to improve their effectiveness in implementing poverty alleviation programs. 4) Capacity building of the PPAF will support operating costs, staff training, technical assistance for various studies and cost of fixed assets. 5) Endowment from the Government of Pakistan will provide US$10 million to serve as PPAF's equity. Interest earned will support PPAF's core institutional costs.**

Last Updated September 09 2010

Basic Information
Project Status	Closed
Region	South Asia
Country/Area	Pakistan
Major Sector (Sector) (%)	Finance (Micro- and SME finance) (50%)
	Health and other social services (Other social services) (19%)
	Transportation (Roads and highways) (15%)
	Water, sanitation and flood protection (Water supply) (8%)
	Agriculture, fishing, and forestry (Irrigation and drainage) (8%)
Old Major Sector	N/A
Old Sector	N/A
Env Category	F
Project ID	P049791
Bank Team Lead (Last Name, First)	Isa, Qazi Azmat
Approval Date	17-JUN-1999
Closing Date	31-DEC-2004
Borrower	GOP
Implementing Agency	PAKISTAN POVERTY ALLEVIATION FUND

Financial
Main Loan/Credit #	32480
IBRD Commitment *	0
IDA Commitment *	90
IBRD + IDA Commitment *	90
Grant Amount *	0
Total Project Cost *	90
Product Line	IBRD/IDA
Lending Instrument	Financial Intermediary Loan

Development Outcomes And Goals
*Targeted Thematic Outcomes...*	Supporting this Broader Dev't Goal
Gender	Promote gender equality & empower women (MDG); Empowerment, security & social inclusion (CAP)
Participation and civic engagement	Empowerment, security & social inclusion (CAP)
Access to urban services and housing	N/A (CAP)
Rural markets	N/A (CAP)
Rural services and infrastructure	N/A (CAP)

Available Project Documents***
For a short project overview, please consult the Project Information Document if available.

	Implementation Completion and Results Report (ICR), Vol.1 -15-JUN-2005
	Agreement (), Vol. -07-JUL-1999
	Project Agreement (), Vol. -07-JUL-1999
	Credit Agreement (), Vol. -07-JUL-1999
	Project Appraisal Document (PAD), Vol.1 -19-MAY-1999
	Project Information Document (PID), Vol.1 -23-MAR-1999

Contract Award Information

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*Commitment at Board in USD$ millions. Does not reflect any cancellations. Pipeline and dropped projects display the forecast amount. Total project cost includes non-Bank funding.

** The project summary is drawn from the PAD, SAR, or PGD abstract and may not accurately reflect the project's current nature.

*** Project documents are posted to this website as soon as they reach certain milestones (more info.). For example, Project Appraisal Documents are processed and made available through this website a few days after Board approval. If you find that a report which should be here is unavailable, contact Infoshop .

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