Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) OBA SANITATION MICROFINANCE PROGRAM (P157958) SOUTH ASIA | Bangladesh | Water Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2016 | Seq No: 3 | ARCHIVED on 04-Oct-2018 | ISR34050 | Implementing Agencies: Palli Karma-Sahayak Foundation (PKSF), Economic Relations Division - Ministry of Finance Key Dates Key Project Dates Bank Approval Date:30-Jun-2016 Effectiveness Date:23-Feb-2017 Original Closing Date:30-Jun-2018 Revised Closing Date:30-Sep-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) is to increase access to hygienic sanitation facilities for low-income households in rural areas of Bangladesh through commercial sanitation loans. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Satisfactory Implementation Status and Key Decisions The OBA Sanitation Microfinance Program, closing on September 30, 2018, aims to increase access to hygienic sanitation facilities for low-income households in rural areas of Bangladesh through commercial sanitation loans. The project is financed with a US$3 million grant from the Global Partnership on Output-Based Aid (GPOBA), which subsidizes the cost of the hygienic latrines, with a contribution of nearly US$22 million in household loan finance from Palli Karma-Sahayak Foudation (PKSF) and 21 partner organizations (POs). It is linked with a World Bank executed technical assistance activity, designed to build the capacity of small scale local private sector for sanitation market development. 10/4/2018 Page 1 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) The project, which is being implemented by PKSF, surpassed its original target, providing 170,679 household sanitation loans to support the construction of hygienic latrines, benefitting over 850,000 people. In addition, local entrepreneurs undertaking the works received US$1.43 million in loans for business expansion. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  --  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL Households receiving sanitation loans from partner MFIs under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 95,566.00 170,679.00 170,000.00 Date 05-Dec-2016 31-Jan-2018 30-Jun-2018 30-Sep-2018 PHINDPDOTBL People provided with access to improved sanitation services (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 477,830.00 853,395.00 850,000.00 Date 05-Dec-2016 31-Jan-2018 30-Jun-2018 30-Sep-2018 PHINDPDOTBL People provided with access to “improved sanitation facilities”- rural (Number, Custom Breakdown) 10/4/2018 Page 2 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 477,830.00 853,395.00 850,000.00 Date 05-Dec-2016 31-Jan-2018 30-Jun-2018 30-Sep-2018 Overall Comments Intermediate Results Indicators PHINDIRITBL Loans provided to female borrowers (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 99.85 98.00 90.00 Date 05-Dec-2016 31-Dec-2017 31-Mar-2018 30-Sep-2018 PHINDIRITBL Households satisfied with latrine installation process and functionality (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 90.00 Date 05-Dec-2016 31-Dec-2017 31-Mar-2018 30-Sep-2018 PHINDIRITBL Improved latrines constructed under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 95,566.00 170,679.00 170,000.00 Date 05-Dec-2016 31-Jan-2018 30-Jun-2018 30-Sep-2018 10/4/2018 Page 3 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) PHINDIRITBL Households receiving sanitation loans under the project which are identified as poor (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 151,904.00 136,000.00 Date 05-Dec-2016 -- 30-Jun-2018 30-Sep-2018 Overall Comments Pending finalization of the output-verification report for the period ending June 30, 2018 for final data. Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P157958 TF-A3117 Effective USD 3.00 3.00 0.00 2.34 0.66 78% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P157958 TF-A3117 Effective 30-Jun-2016 21-Dec-2016 23-Feb-2017 30-Jun-2018 30-Sep-2018 Cumulative Disbursements 10/4/2018 Page 4 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) Restructuring History Level 2 Approved on 26-Jun-2018 Related Project(s) There are no related projects. 10/4/2018 Page 5 of 5 Public Disclosure Copy