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Lesson
It is good practice for an executing agency to conduct its own midterm review. This allowed timely assessment of progress and identification of issues that might cause shortfalls.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
Hiring a consultant to periodically collect data is crucial in monitoring and subsequently maintaining output achievements. Similarly, it will be useful for financial intermediary projects to engage a consultant to monitor the Implementation status of subprojects.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
Constant training and practice are effective in deepening stakeholder understanding of ADB safeguard requirements and the ways they can best be met. This was proven by this project's experience with the executing agency that had no prior exposure to the concept og an environmental and social management system.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
Understanding changing market conditions during implementation and undertaking timely adjustments in the design in response to the conditions help maintain the relevance of the project and facilitate delivery of outputs within the planned timeline. The minor changes made in the design were instrumental in accelerating the pace of the project after a slow start and in delivering the expected project outputs.

Project Number: 47046-002
Project Name: Gansu Featured Agriculture and Financial Services System Development Project
Report Date:
Lesson
State-owned banks are often used for policy lending that target specific sectors offering low interest rates and preferential terms. It is important that during project preparation, financial intermediaries selected are aligned with the market-based approach of FIL projects to avoid crowding out subloans and nonparticipation of selected intermediaries in lending to the target sector.

Project Number: 47046-002
Project Name: Gansu Featured Agriculture and Financial Services System Development Project
Report Date:
Lesson
Selection of suitable participating financial institution (PFI) partners is key to the successful implementation of a financial intermediation loan (FIL) project. PFIs that are financially sound, have good track records, and strategic orientation toward small and medium enterprises (SMEs) and strong project ownership—such as those selected under the project—are likely to be effective in implementing FILs for small businesse

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
Establishing an internally sourced project management unit (PMU) at the executing agency and project implementation units at PFIs will improve project management and efficiency. The Ministry of Finanace did not establish a separate PMU but assigned a focal point from existing staff to lead project management. However, high turnover of the assigned MOF staff affected project continuity and institutional memory and delayed submission of safeguard reports.

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
implementation of environmental and social management system, capacity building and skills training, gender mainstreaming, and additional funding support for small businesses. In addition to strengthening the capacity of the PFIs to lend to small businesses, capacity building can also help prepare PFIs without previous experience working with IFIs for future partnerships with international agencies.

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
The experience and knowledge gained by the PFIs—especially Davr Bank and the UzbekLeasing International A.O., which subsequently attracted other development partners—added value to the project. The areas that were particularly beneficial across the PFIs were project analysis, formulation, and

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
The project's use of leasing, a financing instrument not used in previous ADB FILs in Uzbekistan, was positive as it provided alternative financing depending on the needs of customers.

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
Sector risks need to be carefully assessed prior to making an investment decision in a new sector. Bangladesh’s Infrastructure Development Company Limited (IDCOL) has faced challenges because of its portfolio concentration in renewable energy. While it has taken steps to move away from such concentration of risks, it still needs to further diversify its loan portfolio. Currently, IDCOL is focusing on power sector public-private partnership (PPP) projects.

Project Number: 42180-016
Project Name: Third Public-Private Infrastructure Development Facility
Report Date: