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Lesson
TA consistency with the country partnership strategy is important. This TA was envisioned to provide knowledge for future ADB fintech projects, consistent with respective DMC country partnership strategies.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
TA could strengthen ADB’s client relations and network with stakeholders. This TA established local networks with Grab Philippines and some media outlets.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
Studies that foster greater visibility for ADB have a value addition and need to be encouraged. The study on Philippines’ tricycle drivers fintech-based loans and Grab drivers increased ADB’s visibility in the local scene and generated added goodwill.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
ADB Briefs, monographs as well as the conduct of media events, seminars, and workshops to disseminate the results of the studies are effective ways of knowledge sharing. Project officers should be encouraged to produce more knowledge products from the results of their studies.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
It is important that consultants are knowledgeable in their fields and have established relationships with the ADB team. team. Well managed working relationships result in satisfactory performance.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
Appropriate TA size supports smooth and quick TA implementation. The size of this TA was suited for the generation of outputs useful for the preparation of future fintech projects. It worked for the smooth and quick implementation of the TA .

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
Weak entrepreneurial skills, lack of financial literacy, and lack of viable projects affect the bankability of potential microfinance clients. Business development skills training primarily aimed at capacity development, skills transfer, financial literacy, and business advice help in enhancing the bankability of clients as well performance and viability of their businesses.

Project Number: 44304-013
Project Name: Microfinance Expansion Project
Report Date:
Lesson
An adequate assessment of institutional implementation capacity during project preparation enables identification of suitable expertise and skills set needed to facilitate project implementation. In country context where there is weak implementation capacity, complex designs with multiple components require experienced experts to enable better quality of project implementation. For example, in selecting the consultant-specialists, rigorous vetting and screening process helps in ensuring that the selected consultant is the most qualified expert for the required technical expertise.

Project Number: 44304-013
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Staff perception of comparatively lower salaries could erode their morale and lead to frequent turnover.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
All expenditures allocated to a single cost category should be allocated to a single cost center.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
A single database, accessible to all project staff, will make monitoring and reporting easier and project decision-making more reliable and consistent.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Project targets need to be carefully determined and adjusted as necessary to ensure that they are realistic and achievable.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Significant implementation support is required for ADB-financed projects in PNG.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
A dedicated, full-time monitoring and evaluation (M&E) staff or consultant is necessary for timely and reliable project performance monitoring and reporting.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Reforms on tax burden and administration should be broad enough to significantly reduce the cost of tax compliance and eventually the size of the informal economy.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program (Subprograms 1–3)
Report Date: