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 2017 | Seq No: 2 | ARCHIVED on 29-Mar-2018 | ISR31767 | 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-Jun-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  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Implementation Status and Key Decisions The OBA Sanitation Microfinance Program 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 an expected contribution of US$22 million in household loan finance from PKSF and 21 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. The project, which is being implemented by PKSF, was declared effective on February 23, 2017. 3/29/2018 Page 1 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) Overall implementation is progressing well, with 95,566 latrines installed, exceeding the revised targets set by PKSF and the POs last quarter. There is now strong coordination between the WBG, PKSF, POs, local construction firms and households. Field visits, including discussions with the POs, beneficiary households, and construction firms confirmed the following: a) households are benefitting from the ability to pay for the latrines in installments, as well as the subsidized loan price; b) branding of the toilets is a key factor in a household’s decision to purchase a hygienic latrine; c) the demonstration effect plays a powerful role in stimulating demand; and d) POs, construction firms, and households are investing their own additional capital. During the February implementation support mission, the task team visited three communities in Chittagong, working areas of PO's Prottyashi and YPSA. All households visited had installed Bilash latrines—the most expensive of the three models at 10,000 BDT (US$128). The latrines were of good quality, meeting hygienic standards, included hand washing basins with water and soap, and were kept clean, demonstrating the ownership taken by the households to maintain the latrines. All consumers expressed satisfaction and pride in hygienic latrine ownership. As of January 2018, the repayment rate to POs is over 99 percent. 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 7,119.00 95,566.00 170,000.00 Date 05-Dec-2016 30-Jun-2017 31-Jan-2018 30-Jun-2018 PHINDPDOTBL People provided with access to improved sanitation services (Number, Corporate) 3/29/2018 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 35,595.00 477,830.00 850,000.00 Date 05-Dec-2016 30-Jun-2017 31-Jan-2018 30-Jun-2018 PHINDPDOTBL People provided with access to “improved sanitation facilities”- rural (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 35,595.00 477,830.00 850,000.00 Date 05-Dec-2016 30-Jun-2017 31-Jan-2018 30-Jun-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 90.00 Date 05-Dec-2016 -- 31-Dec-2017 30-Jun-2018 PHINDIRITBL Households satisfied with latrine installation process and functionality (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 100.00 90.00 Date 05-Dec-2016 -- 31-Dec-2017 30-Jun-2018 3/29/2018 Page 3 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) PHINDIRITBL Improved latrines constructed under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 95,566.00 170,000.00 Date 05-Dec-2016 -- 31-Jan-2018 30-Jun-2018 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 -- -- 136,000.00 Date 05-Dec-2016 -- -- 30-Jun-2018 Overall Comments 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 0.89 2.11 30% 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-Jun-2018 Cumulative Disbursements 3/29/2018 Page 4 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report OBA SANITATION MICROFINANCE PROGRAM (P157958) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 3/29/2018 Page 5 of 5 Public Disclosure Copy