The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) Bhutan Community-Based Rural Entrepreneurship Project (P143795) SOUTH ASIA | Bhutan | Agriculture and Food Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2017 | Seq No: 2 | ARCHIVED on 02-Sep-2021 | ISR47843 | Implementing Agencies: Ministry of Agriculture and Forests, Ministry of Agriculture and Forests Key Dates Key Project Dates Bank Approval Date: 11-May-2017 Effectiveness Date: 29-Sep-2019 Original Closing Date: 25-Feb-2021 Revised Closing Date: 31-Aug-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to generate new and more productive employment for the poor and vulnerable youth in selected dzongkhags in southwestern Bhutan Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Implementation Status and Key Decisions The slow start-up of project activities has been compounded by the COVID-19 pandemic related impositions. Travel restrictions, social distancing directives starting early March, and three nationwide lockdowns have substantially delayed implementation of field activities. As such, not much improvement was recorded in overall implementation progress. During May-June, a team of experts was trained over a 15-day period covering a range of themes critical for the successful operation of youth-led enterprises. The trainers are expected to identify, in August, young men and women from the targeted project areas who are capable, motivated, and interested in developing their own small-scale enterprise. This pool of selected youth and youth-led entrepreneurs would be trained and provided financial support under the project in November. Although the extension of the closing date up to August 31, 2022 provides an opportunity for the project to achieve its targets, this requires accelerated implementation performance over the next 6-9 months. The mission and the government agreed on actions to be taken and the timeline to achieve this and to realize the PDO. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall -- Low Low 9/2/2021 Page 1 of 6 The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) 5. Results Project Development Objective Indicators IN01026989 ►Number of youth who are employed or are self-employed after at least six months of receiving grants and/or trainings (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 400.00 Date 01-Jul-2017 17-Feb-2021 17-Feb-2021 31-Aug-2022 IN01027006 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 120.00 IN01026990 ►Percentage of pre-existing YLEs supported by JSDF grants that are operating with a 20% increase in net profit. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 60.00 Date 01-Jul-2017 17-Feb-2021 17-Feb-2021 31-Aug-2022 IN01027007 disaggregrated by gender (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 IN01026991 ►Number of new youth-led enterprises supported by JSDF still in business, at least six months after receiving grants/supports (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-Jul-2017 17-Feb-2021 17-Feb-2021 31-Aug-2022 IN01027008 of which female (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Intermediate Results Indicators 9/2/2021 Page 2 of 6 The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) IN01026987 ►Number of specialized technical support teams established (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 18.00 18.00 Date 01-Jul-2017 16-Feb-2021 05-Aug-2021 31-Aug-2022 IN01026992 ►Number of enterprises established with the strategy of ‘One Village One Product” (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01026993 ►PAN established (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01026994 ►Number of youths trained in youth development and empowerment training package (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 500.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027009 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 150.00 IN01026995 ►Number of trained youths who developed business plans (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 300.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027010 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 90.00 9/2/2021 Page 3 of 6 The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) IN01026996 ►Number of trained youths using ICT skills in businesses/employment. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 300.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027011 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 90.00 IN01026997 ►Number of existing YLEs supported by the MTMT for capacity building (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027012 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 IN01026998 ►Number of YLEs established with support from project’s grants (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027013 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 60.00 IN01026988 ►Percentage of YLEs submit 6-monthly progress reports to the PMU (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 80.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027005 Disaggregrated by gender (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 9/2/2021 Page 4 of 6 The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) IN01026999 ►Number of enterprises that sells products outside their Gewogs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027001 ►Independent Project Management Unit (PMU) established with MoAF (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027002 ►Project Steering Committee established under Secretary, MoAF (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027000 ►An independent dynamic M&E system is established and operational by JSDF (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027003 ►Percent of YLEs maintain progress reports (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 IN01027004 ►Percent of YLEs satisfied with the services receive from MTMT/PMU (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 70.00 Date 01-Jul-2017 16-Feb-2021 16-Feb-2021 31-Aug-2022 9/2/2021 Page 5 of 6 The World Bank Implementation Status & Results Report Bhutan Community-Based Rural Entrepreneurship Project (P143795) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P143795 TF-A6795 Effective USD 1.25 1.25 0.00 0.39 0.86 31% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P143795 TF-A6795 Effective 11-May-2017 23-Jan-2019 29-Sep-2019 25-Feb-2021 31-Aug-2022 Cumulative Disbursements Restructuring History Level 2 Approved on 24-Feb-2021 Related Project(s) There are no related projects. 9/2/2021 Page 6 of 6