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Lesson
Financial intermediation loans, which can be used to finance the investment plans of enterprises, need to be supported by TA to build the capacity of participating banks and enterprises to achieve the intended development results.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
Consideration of the range of alternative modalities helps strengthen the project formulation phase. In the case of this project, this type of assessment could have examined the merits of a project investment vis-à-vis a sector loan in the choice of the modality. If this project had been formulated as a sector project, each of the diverse candidate subprojects would have been analyzed prior to investment, allowing those that were economically unviable or potentially damaging (from an environmental or social point of view) to be dropped and substituted by more viable ones.

Project Number: 43049-013
Project Name: Comprehensive Agricultural Development Project
Report Date: