Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) Rural Economic Development Initiative (P105122) LATIN AMERICA AND CARIBBEAN | Jamaica | Agriculture and Rural Development Global Practice | IBRD/IDA | Specific Investment Loan | FY 2010 | Seq No: 10 | ARCHIVED on 29-Dec-2014 | ISR16081 | Implementing Agencies: JSIF Key Dates Key Project Dates Board Approval date:03-Sep-2009 Effectiveness Date:25-Jan-2010 Planned Mid Term Review Date:31-May-2013 Actual Mid-Term Review Date:15-Jun-2013 Original Closing Date:31-Jul-2016 Revised Closing Date:31-Jul-2016 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) of the proposed REDI project is to improve market access for micro and small-scale rural agricultural producers and tourism product and service providers. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name 1. Rural Subprojects in Agriculture and Rural Tourism:(Cost $14.22 M) National Technical Assistance and Capacity Building:(Cost $1.25 M) Project Management:(Cost $2.03 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Unsatisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  --  Moderate 12/29/2014 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) Implementation Status and Key Decisions This ISR is a desk update. The Jamaica Social Investment Fund has continued to make progress towards Project Development Objectives as two PDO indicators (increase in sales and percentage of enterprises that have accessed new markets) are above 2014 targets while the remaining PDO indicator (sustainability) is slighly below target, primarily because of start up delays. JSIF is currently working on 110 sub-projects (77 in agriculture and 26 in tourism) which represent about US$8.5 million of disbursement benefiting about 1,500 producers. The project is broadly meeting the quarterly targets which have been agreed to with JSIF during the last two supervision missions. As is typical with this type of project where considerable time is spent on sub-project design, selection and contracting, the impact of accelerated implementation on disbursement will only be seen over the next 12 months. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  --  Low Macroeconomic  --  --  Moderate Sector Strategies and Policies  --  --  Low Technical Design of Project or Program  --  --  Moderate Institutional Capacity for Implementation and Sustainability  --  --  Substantial Fiduciary  --  --  Moderate Environment and Social  --  --  Moderate Stakeholders  --  --  Low Other  --  --  -- Overall  --  --  Moderate Results Project Development Objective Indicators PHINDPDOTBL  Number of participating rural enterprises that realize an increase in turnover (sales). (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value -- 22.00 27.00 44.00 Date -- 30-Apr-2014 30-Sep-2014 31-Jul-2016 12/29/2014 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) PHINDPDOTBL  Number of participating rural enterprises functioning as registered business entities one year after final disbursement. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 27.00 27.00 56.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDPDOTBL  Number of direct jobs created in rural communities receiving project assistance. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 291.00 291.00 150.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDPDOTBL  Percent of critical infrastructure subprojects that achieve their expected results for improvement in the value chain. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 26.00 26.00 78.00 Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 Overall Comments Intermediate Results Indicators 12/29/2014 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) PHINDIRITBL  Percent of rural enterprise participants who are women (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 51.00 51.00 30.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDIRITBL  Number of rural enterprises that have been selected competitively and have started (or enhanced) their operations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 41.00 41.00 75.00 Date 30-Oct-2009 01-Jun-2013 30-Sep-2013 31-Jul-2016 PHINDIRITBL  Percent of rural enterprise participants who are youth (less than 30 years old) and/or women (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 21.00 21.00 15.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDIRITBL  Number of beneficiaries (individuals or groups) benefitting from improved infrastructure and management (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 24.00 24.00 14.00 Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 12/29/2014 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) PHINDIRITBL  Number of beneficiaries (individuals or groups) benefiting from improved marketing systems (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 19.00 19.00 15.00 Date 07-Oct-2009 01-Jun-2013 30-Jun-2014 31-Jul-2016 PHINDIRITBL  Number of beneficiaries (individuals or groups) benefiting from improved management systems (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 21.00 21.00 11.00 Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 PHINDIRITBL  Number of participating rural enterprises integrating environmental and social good practices into their business operations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 27.00 26.00 50.00 Date 07-Oct-2009 01-Jun-2013 30-Sep-2014 31-Jul-2016 PHINDIRITBL  Percent of participating rural enterprises integrating a business community plan for during and after a disaster (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 56.00 56.00 75.00 Date 07-Oct-2009 01-Jun-2013 01-Jun-2013 31-Jul-2016 12/29/2014 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) PHINDIRITBL  Number of institutions' staff trained in technology and provision of rural business support services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.00 37.00 50.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDIRITBL  Number of participating rural enterprises using the services of the national institutions before and after the Project intervention (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 34.00 34.00 50.00 Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 PHINDIRITBL  Percentage of subprojects that are processed and implemented in accordance with the time frame in the OM (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 45.00 38.00 60.00 Date 07-Oct-2009 30-Apr-2014 30-Sep-2014 31-Jul-2016 PHINDIRITBL  Procurement and FM duties are executed in accordance with national and World Bank guidelines (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Partially. JSIF is currently working on Value -- Yes providing missing Yes documentation of some expenditures. Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 12/29/2014 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) PHINDIRITBL  JSIF project MIS is producing indicator reports within 6 months after the start of the project (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value -- Yes -- Yes Date 07-Oct-2009 30-Apr-2014 30-Apr-2014 31-Jul-2016 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P105122 IBRD-77690 Effective USD 15.00 15.00 0.00 7.15 7.85 48% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P105122 IBRD-77690 Effective 03-Sep-2009 02-Nov-2009 25-Jan-2010 31-Jul-2016 31-Jul-2016 Cumulative Disbursements 12/29/2014 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Economic Development Initiative (P105122) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/29/2014 Page 8 of 8 Public Disclosure Copy