$ Report No: RES00474 RESTRUCTURING PAPER FOR A PROPOSED PROJECT RESTRUCTURING FOR THE ADDITIONAL FINANCING TO THE INTEGRATED DAIRY PRODUCTIVITY IMPROVEMENT PROJECT APPROVED ON 29-Nov-2016 TO THE KYGRYZ REPUBLIC Agriculture and Food Europe And Central Asia Regional Vice President: Antonella Bassani Regional Director: Sameh Naguib Wahba Tadros Country Director: Tatiana A. Proskuryakova Practice Manager: Holger A. Kray Task Team Leader(s): Tahira Syed, Talaibek Koshmatov ABBREVIATIONS AND ACRONYMS ABCC Community Development and Investment Agency CLMU Contingent Emergency Response Component CSF Community Seed Fund DBG Dairy Borrowing Group ESMF Environmental and Social Management Framework ESS Environmental and Social Standard FM Financial Management GRS Grievance Redress Service GoKR Government of the Kyrgyz Republic IP Implementation Progress M&E Monitoring and Evaluation MoF Ministry of Finance MoWR Ministry of Water Resources, Agriculture and API Processing Industry MTR Mid Term Review PDO Project Development Objective PIU Project Implementation Unit PPRS Progeny Performance Recording System POM Project Operation Manual ZVL Zonal Veterinary Laboratory The World Bank Integrated Dairy Productivity Improvement Project (P155412) @#&OPS~Doctype~OPS^dynamics@restrhybridbasicdata#doctemplate BASIC DATA Product Information Operation ID Operation Name P155412 Integrated Dairy Productivity Improvement Project Product/Financing Instrument Geographical Identifier Investment Project Financing (IPF) Kyrgyz Republic Approval Date Current Closing Date 29-Nov-2016 15-Jan-2026 Original EA Category Partial Assessment (B) (PAD Approval Package-29 Nov 2016) Organizations Borrower Responsible Agency Kyrgyz Republic Ministry of Agriculture, Ministry of Finance @#&OPS~Doctype~OPS^dynamics@restrhybridoperationstatus#doctemplate OPERATION STATUS Project Development Objective (DO) Original Development Objective The proposed new Project Development Objective is to enhance dairy animal productivity and promote income generating and resilience building activities for dairy cattle farmers in selected regions of the Kyrgyz Republic. Disbursement Summary (in USD million) Source of Funds Net Commitment Disbursed Undisbursed % Disbursed IBRD -- -- -- 0 IDA 20.94 17.77 3.35 84.16 i The World Bank Integrated Dairy Productivity Improvement Project (P155412) Grants -- -- -- 0 Policy Waivers Does this restructuring trigger the need for any policy waiver(s)? No @#&OPS~Doctype~OPS^dynamics@restrhybridmpa#doctemplate @#&OPS~Doctype~OPS^dynamics@restrhybridmpa#doctemplate ii The World Bank Integrated Dairy Productivity Improvement Project (P155412) TABLE OF CONTENTS I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING ........................................................................................1 A. Introduction ........................................................................................................................................1 B. Project Status ......................................................................................................................................1 C. Rationale for Restructuring..................................................................................................................3 II. DESCRIPTION OF PROPOSED CHANGES ....................................................................................................................4 III. PROPOSED CHANGES ................................................................................................................................................5 IV. DETAILED CHANGE(S) ...............................................................................................................................................5 The World Bank Integrated Dairy Productivity Improvement Project (P155412) I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING A. Introduction 1. This restructuring paper seeks approval to the proposed reallocation of the unused funds from Sub-component 2C (Promotion of fodder crop production) to Component 3 (Farm-level Investments) under the Additional Financing to the Integrated Dairy Productivity Improvement Project (IDPIP-AF). The reallocation has been officially requested by the Ministry of Finance (MoF) through their letter dated February 9, 2024. Subsequent correspondence was exchanged through a letter from the World Bank dated September 5, 2024, and MoF’s letter dated September 17, 2024. B. Project Status 2. The Additional Financing was approved on June 18, 2021, in the amount of SDR12 million (US$17 million equivalent, including US$8.5 million equivalent IDA Credit 6941-KG and US$8.5 million IDA Grant D8630-KG). The closing date is January 15, 2026. The Project Development Objective (PDO) for the Additional Financing project is to enhance dairy animal productivity and promote income generating and resilience building activities for dairy cattle farmers in selected regions of the Kyrgyz Republic. 3. The project is designed to address two major challenges facing the smallholder dairy production in the Kyrgyz Republic. The first is low productivity resulting from a lack of attention to breeding practices, inadequate husbandry practices, low feed quality and limited winter feed availability, and limited access to veterinary and other agricultural services. The second is inadequate milk marketing options resulting from weak marketing infrastructure including lack of cold storage and collection, dilapidated transportation, incomplete market information, and deficiency of systems and practices to improve quality and meet food safety standards required by milk processors. The PDO is being achieved through the following components: (i) Strengthening Public and Private Services in the Dairy Sector (US$2.6 million); (ii) On-farm Productivity Enhancement (US$3.0 million); (iii) Farm Level Investments (US$10.0 million); (iv) Project Management (US$1.4 million). 4. Both the Progress towards achievement of PDO and Overall Implementation Progress (IP) have been rated Satisfactory at the Mid Term Review (MTR) which was completed on September 27, 2024. All project activities are being implemented according to the project implementation schedule. Several project targets have been achieved by the MTR stage. As of December 2024, the total disbursements have reached US$11.46 million or 67 percent of total US$17 million. Of undisbursed balance of US$4.53 million, US$4.2 million or 87% have been committed. 5. The project is fully compliant with fiduciary and environmental and social safeguards requirements. Adequate fiduciary controls are in place (including required audits) and regular and timely financial reports are provided. There are no overdue audit reports: all audit and FM reports are being received on time and found acceptable to the Bank. Currently, both FM and Procurement ratings are Satisfactory. The overall Safeguards rating is Satisfactory. 6. Below is the status of progress against PDO-level indicators and summary of progress under each project component as of September 2024. Page 1 The World Bank Integrated Dairy Productivity Improvement Project (P155412) Progress of PDO-level Indicators PDO-level Indicator Status at MTR Average lactation period milk yield per cow in the Target surpassed. Increase by 15.3% in the average annual beneficiary farms (Percentage) (target: 10%) milk yield per cow during lactation in beneficiary farms as compared to control farms. Number of farmers adopting improved agricultural Target at 85.26%. A total of 8,526 famers are reportedly technology (Number) (target: 10,000) adopting improved technologies. This includes 4,837 farmers based on ABCC data on technology implementation from the 1st & 2nd training cycles and 3,689 famers based on CLMU data from Dairy Borrowing Groups. Number of farmers adopting improved agricultural Target surpassed. 5,467 (109.34% of target) are women technology – Female (Number) (target: 5,000) farmers (2,587 from ABCC data and 2,880 from CLMU data) are reportedly adopting improved technologies. Change in annual farm household income Target surpassed. An increase of 17.1% is reported in the (adjusted for price and season) from milk sales in average annual household income from sale of milk in the beneficiary farms (Percentage) (target: 10%) beneficiary farms as compared to control farmers. Progress of Project Components 7. Component 1: Strengthening Public and Private Services in the Dairy Sector. This component covers (i) design and implementation of a digital platform for milk quality control; (ii) support to regional centers for veterinary diagnostics; (iii) provision of livestock breeding and Artificial Insemination (AI) services; and (iv) provision of equipment for milk collection, cooling, and quality testing at milk collection points. To date 8 dairy processors in the 3 project oblasts are using the digital platform for recording data on milk quality from milk producers. The project has successfully established 32 (against the target of 30) milk collection points in the 3 regions of Issyk- Kul, Naryn, and talas. The project is upgrading 4 Zonal Veterinary Laboratories (ZVLs) and has provided capacity, equipment and materials, as well as improvements in infrastructure, functions, safety systems at each ZVL to enable them to receive accreditation status. The project has successfully achieved the target of administering AI service to 15,000 cows and heifers covering 12,365 farmers in 336 villages. The pregnancy rate has reached 67 percent which is aligned with best practice global average. The project has trained 210 inseminators for on-farm insemination techniques and over 9,000 calves are born with improved breed qualities. A recent survey of sales data indicates that the average sales price is around 30 percent higher for crossbred calves than for local breeds. The project is also establishing a progeny performance recording system (PPRS) for improved traceability. 8. Component 2: On-farm Productivity Enhancement. This component provides: (i) training and capacity building of farmers; (ii) on-farm demonstration of improved technologies; and (iii) promotion of fodder crop production. Aside from the fodder crop production, training and demonstration activities are going well. To date, 400 farmer training groups have been formed. Each of the 400 training groups mobilized under sub-component 2A elected one of its members as a demonstration farmer, based on an agreement that the farmer would carry out technology demonstrations and make the site available for training of group members. In addition, regular farmer- to-farmer exchange visits and study trips are being organized. Based on data collected in September 2024, about 8,079 farmers (almost 81 percent of farmers in the training groups) have now adopted some improved animal husbandry practices including improved hygiene and animal health, improved animal keeping (barn improvements), and better feeding practices. The project also intended to promote fodder crop production and recruited a mobilization company to create 100 village-based Community Seed Funds (CSFs) comprised of farmers to receive seeds for fodder crops such as of alfalfa, sainfoin, barley, maize, etc. The project established 50 CSFs Page 2 The World Bank Integrated Dairy Productivity Improvement Project (P155412) but in 2022, due to Ministry of Water Resources, Agriculture and Processing Industry (MoWRAPI)’s concerns over the repayment mechanisms, the CSF creation was put on hold and the company’s contract was suspended. The MTR mission agreed that the funds allocated for production of fodder crops will be reallocated from Sub- component 2C to Component 3 with the condition that up to 20 percent of the reallocated funds will be used for providing sub-loans to farmers for purchasing seeds to produce fodder crops. The related result indicator will be measured by the ABCC to achieve the target of 900 hectares of land planted with fodder crops. One additional training module will be launched to provide farmers with the necessary knowledge and practical skills for fodder crop production. 9. Component 3. Farm Level Investments. This component provides access to finance to promote investment in dairy production by small-scale producers. The project provides small-scale sub-loans to dairy producers organized into dairy borrowing groups (DBGs). The overall progress remains good. As of September 2024, the project has formed and trained 731 DBGs and a total of 4,439 loans have been issued in the amount of KGS 574,480,000 (US$ 6,606,719.53). The number of women is 2,201 (49.58 percent) and youth is 992 (22.34 percent) of the total number of sub-loan recipients. The total allocation for this component will be increased from US$9.6 million to US$ 10.85 million through reallocation of US$1.25 million from the component 2 (sub-component 2C: production of fodder crops). 10. Component 4. Project Management. The overall project management performance is consistently rated Satisfactory. The two Project Implementation Units (PIUs) are the Agribusiness Competitiveness Center (ABCC) under the MoWRAPI and the Credit Line Management Unit (CLMU) under the MoF. Both ABCC and CLMU are performing well and maintaining close contacts with the management of the implementing ministries as well as with the regional governors’ offices. The M&E capacity is adequate and all data collection, verification, and reporting requirements for both ABCC and CLMU teams are being done in time. The PIUs regularly prepare progress reports and other documents as required. C. Rationale for Restructuring 11. On February 9, 2024, the MoF formally requested the reallocation of the unused funds under Sub-component 2C in the amount of US$1.36 million (IDA Credit 6941-KG US$1.25 million and IDA Grant D8630-KG US$106,038) to Component 3. For the Financing Agreement, the reallocation between categories will only affect the Credit amount of US1.25 million which will be reallocated from Category 1 to Category 2 (Section III “Withdrawal of the Proceeds of the Financing” in Schedule 2 of the Financing Agreement dated July 30, 2021). Additionally, the MoF requested to consider deleting an intermediate indicator related to Sub-component 2C (Area planted with improved and climate resilient fodder crop varieties in beneficiary farms (target 900 ha)) and increasing the end target values for intermediate indicators associated with Component 3 (Number of beneficiaries who received sub-financing from the Revolving Fund; and Number of beneficiaries who received sub-financing from the Revolving Fund who are women). 12. After extensive discussions, following agreements have been reached: a. An amount of US$1.25 million of the unused US$1.36 million (IDA Credit 6941-KG) under Sub-component 2C will be re-allocated to Component 3 to be provided as small loans to Dairy Borrowing Groups (DBGs) while dedicating up to 20 percent of the reallocated amount for purchasing seeds by the beneficiaries. The non- reallocated balance under Sub-component 2C will be used to cover costs associated with training and monitoring activities (see “b” below). Page 3 The World Bank Integrated Dairy Productivity Improvement Project (P155412) b. The intermediate indicator for Sub-component 2C, specifically, “area planted with improved and climate resilient fodder crop varieties in beneficiary farms (target 900 ha)” will be retained. This indicator is an integral part of the project design since the availability of quality fodder is identified as a key challenge to dairy farmers since a shortage of quality winter feed that leads to substantial weight loss over winter periods and directly reduces milk productivity. The MWRAPI through ABCC will be responsible for organizing additional trainings for the DBGs to cover topics including selection of fodder seeds and varieties, and fodder crop cultivation and management. The MWRAPI through ABCC will also be responsible for monitoring and collecting the data, particularly the number of beneficiaries and area planted to fodder crops. c. The end target values for intermediate indicators related to Component 3, specifically, “number of beneficiaries who received sub-financing from the Revolving Fund” and “number of beneficiaries who received sub-financing from the Revolving Fund who are women” will be increased from 6,400 to 7,100 and 2,880 to 3,227 respectively. d. The intermediate indicator related to Sub-component 2C “number of community seed funds formed” will be removed since borrowers receiving loans to purchase seeds will be measured under Component 3 through related intermediate indicators “number of beneficiaries who received sub-financing from the Revolving Fund” and “number of beneficiaries who received sub-financing from the Revolving Fund who are women”. Essentially, the beneficiaries who borrow for the seeds will be counted as the direct proxy for the CSF. The Project Operations Manual (POM) will be updated accordingly. II. DESCRIPTION OF PROPOSED CHANGES 13. The proposed changes are as follows: a. Reallocation of Funds: the amount of unused US$1.25 million under Sub-component 2C will be reallocated to Component 3 as per following distribution among disbursement categories (Section III “Withdrawal of the Proceeds of the Financing” in Schedule 2 of the Financing Agreement dated July 30, 2021). Withdrawal of the Proceeds of the Financing for IDA Credit 6941-KG and IDA Grant D8630-KG Category Amount of the Amount of the Amount of the Amount of the Percentage of Credit Allocated, Credit Allocated, Grant Allocated, Grant Allocated, Expenditures to SDR (original) SDR (proposed) SDR (original) SDR (proposed) be Financed (inclusive of Taxes) Goods, works, non- consulting services, (1) consulting services, training 2,610,000.00 1,666,400.00 2,160,000.00 2,610,000.00 100 % and incremental operating costs sub-financing under Part 3(а) (2) 3,390,000.00 4, 333,600.00 3,390,000.00 3, 390,000.00 100 % of the project Total 6,000,000 6,000,000 6,000,000 6,000,000 Page 4 The World Bank Integrated Dairy Productivity Improvement Project (P155412) b. Revision of the Results Framework: the end target values for the following intermediate indicators related to Component 3 will be revised: Intermediate indicator End Target (original) End Target (new) Number of beneficiaries who (1) received sub-financing from the 6,400 7,100 Revolving Fund Number of beneficiaries who (2) received sub-financing from the 2,880 3,227 Revolving Fund who are women @#&OPS~Doctype~OPS^dynamics@restrhybridsummarychanges#doctemplate Summary changes III. PROPOSED CHANGES Operation Information Proposed Changes Operation Information Proposed Changes Results Yes Reallocations Yes Development Objective No Loan Closing Date Extension No Safeguard Policies Triggered No Loan Cancellations No ISDS No Financial Management No MFD/PCE No Procurement No Risks No Institutional Arrangement No Legal Covenants No Implementation Schedule No Conditions No Implementation Modalities No Disbursements Estimates No Disbursements Arrangements No DDO No Clients No Appraisal Summary No Components No @#&OPS~Doctype~OPS^dynamics@restrhybriddetailedchanges-disclose#doctemplate IV. DETAILED CHANGE(S) Page 5 The World Bank Integrated Dairy Productivity Improvement Project (P155412) COSTS & FINANCING Private Capital Facilitation Is this an MFD-Enabling Project (MFD-EP)? Is this project Private Capital Enabling (PCE)? LOANS Reallocations IDA-59180-001 Cancellations (if any): New Allocation: Currency: XDR 0.00 0.00 Financing % (Type Total) Category Expenditure Current Actuals + Proposed No. Category Allocation Committed Allocation Current Proposed (1) G,W,Non- 531,945.46 531,945.46 0.00 100.00 0.00 CS,CS,TR,IOC; (2) SUB-FINANCING 1,462,053.19 1,462,053.19 0.00 100.00 0.00 PART 3(a); Total 1,993,998.65 0.00 IDA-69410-001 Cancellations (if any): New Allocation: Currency: XDR 0.00 0.00 Financing % (Type Total) Category Expenditure Current Actuals + Proposed No. Category Allocation Committed Allocation Current Proposed (1) G,W,Non- 2,610,000.00 1,150,778.68 1,666,400.00 100.00 100.00 CS,CS,TR,IOC; (2) SUB-FINANCING 3,390,000.00 1,677,549.42 4,333,600.00 100.00 100.00 PART 3(a); Total 6,000,000.00 6,000,000.00 IDA-D1470-001 Cancellations (if any): New Allocation: Currency: XDR 0.00 0.00 Category Expenditure Current Actuals + Proposed Financing % No. Category Allocation Committed Allocation (Type Total) Page 6 The World Bank Integrated Dairy Productivity Improvement Project (P155412) Current Proposed (1) G,W,Non- 1,696,395.03 1,696,395.03 0.00 100.00 0.00 CS,CS,TR,IOC; Total 1,696,395.03 0.00 IDA-D8630-001 Cancellations (if any): New Allocation: Currency: XDR 0.00 0.00 Financing % (Type Total) Category Expenditure Current Actuals + Proposed No. Category Allocation Committed Allocation Current Proposed (1) G,W,Non- 2,610,000.00 1,895,869.11 2,610,000.00 100.00 0.00 CS,CS,TR,IOC; (2) SUB-FINANCING 3,390,000.00 3,389,475.80 3,390,000.00 100.00 0.00 PART 3(a); Total 6,000,000.00 6,000,000.00 Page 7 The World Bank Integrated Dairy Productivity Improvement Project (P155412) RESULTS COUNTRY: Kyrgyz Republic Integrated Dairy Productivity Improvement Project @#&OPS~Doctype~OPS^dynamics@restrannexpolicyandresult#doctemplate PDO Indicators by PDO Outcomes To enhance dairy animal productivity and milk quality on beneficiary farms Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year 0.00 Mar/2016 23.90 22-Nov-2023 23.90 30-Oct-2024 10.00 Dec/2021 Comments on achieving targets Parent Project Results (Dec. 2021 ) were between 23.9% - 31.1% (see parent project impact assessment) Increase in the average lactation At the beginning of the training program, in May 2019, a survey of all the direct beneficiaries period milk yield per cow in the beneficiary farms - Parent project of the project was carried out, on the basis of which the baseline value of milk yield was (Percentage) determined. Based on the data received, the baseline was set at 1814 kg. Throughout 2020, a monthly accounting of milk yield of trained beneficiaries was carried out, according to the results of which the average milk yield by the end of the project was determined as equal to 2247 kg. At the same time, the growth wasstrong>433 kg, or 23.9%. Increase in the average lactation 0.00 Dec/2021 18.00 22-Nov-2023 15.30 30-Oct-2024 10.00 Jan/2026 period milk yield per cow in the Comments on achieving targets AF baseline is based on the data obtained from the questionnaire of beneficiaries from beneficiary farms - Additional financing (Percentage) the Consulting and Training Company contracted under the project. Promote income generation Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year Change in annual farm household 0.00 Dec/2021 12.00 22-Nov-2023 17.10 30-Oct-2024 10.00 Jan/2026 income (adjusted for price and season) from milk sales in the Page 8 The World Bank Integrated Dairy Productivity Improvement Project (P155412) beneficiary farms - Additional Financing (Percentage) Build resilience Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year 0.00 Mar/2016 7,179.00 22-Nov-2023 7,179 30-Oct-2024 3,600.00 Dec/2021 Farmers adopting improved Comments on achieving targets Parent Project Results (Dec. 2021 ) were 5,052 for all beneficiaries and 3,475 for female agricultural technology (Number) beneficiaries (see parent project progress reports). See supplemental AF indicator baseline, targets and actual results under the AF period. Farmers adopting improved 0.00 3,475.00 3,475 1,800.00 agricultural technology - Female (Number) Farmers adopting improved 0.00 Dec/2021 4,915.00 22-Nov-2023 8,526 30-Oct-2024 10,000.00 Jan/2026 agricultural technology - Additional Financing (Number) Farmers adopting improved 0.00 0.00 5,467 5,000.00 agricultural technology - Female - Additional Financing (Number) Intermediate Results Indicators by Components Component 1: Strengthening Public and Private Services in the Dairy Sector Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year The milk procurement platform is No Mar/2016 Yes 22-Nov-2023 Yes 30-Oct-2024 Yes Dec/2021 established - Parent Project Comments on achieving targets Parent Project Results (Dec. 2021 ) was "Yes" (see parent project impact assessment). (Yes/No) Page 9 The World Bank Integrated Dairy Productivity Improvement Project (P155412) The milk procurement platform is No Dec/2021 Yes 22-Nov-2023 Yes 30-Oct-2024 Yes Jan/2026 established - Additional financing (Yes/No) Number of smallholder dairy farmers 0.00 Dec/2021 11,490.00 22-Nov-2023 39,865 30-Oct-2024 10,000.00 Jan/2026 continously supplying milk to dairy processors or collectors under the project’s quality platform - Additional Financing (Number) Number of regional veterinary 0.00 Dec/2021 0.00 22-Nov-2023 0.00 30-Oct-2024 4.00 Jan/2026 laboratories upgraded and accredited Comments on achieving targets All 4 ZVLs have been upgraded and accreditation process is at advance stages. with national accreditation body - Additional Financing (Number) Number of cows artificially 0.00 Dec/2021 13,838.00 22-Nov-2023 15,000 30-Oct-2024 10,000.00 Jan/2026 inseminated by high-quality certified semen - Additional Financing (Number) Number of dairy processors 4.00 Dec/2021 4.00 22-Nov-2023 7 30-Oct-2024 10.00 Jan/2026 supported for improvement of Comments on achieving targets Baseline from parent project was 4 dairy companies but were not direct recipients of production processes or infrastructure - Additional Financing project support. (Number) Component 2: On-farm Productivity Enhancement Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year Number of farmers participating in 0.00 Dec/2021 7,017.00 22-Nov-2023 10,298 30-Oct-2024 10,000.00 Jan/2026 productivity enhancing and climate- smart training activities through farmer field schools - Additional Financing (Number) Number of farmers participating in 0.00 Dec/2021 4,280.00 22-Nov-2023 6,364 30-Oct-2024 5,000.00 Jan/2026 productivity enhancing and climate- smart training activities through farmer field schools who are women - Additional Financing (Number) Page 10 The World Bank Integrated Dairy Productivity Improvement Project (P155412) Area planted with improved and 0.00 Dec/2021 0.00 22-Nov-2023 0.00 30-Oct-2024 900.00 Jan/2026 climate resilient fodder crop varieties Comments on achieving targets Data expected to be available at next crop season. in beneficiary farms - Additional Financing (Hectare(Ha)) Number of demonstration farms 0.00 Jul/2018 240.00 22-Nov-2023 240.00 22-Nov-2023 200.00 Dec/2021 organized - Parent project (Number) Number of demonstrations farm 0.00 Dec/2021 270.00 22-Nov-2023 400 30-Oct-2024 400.00 Jan/2026 organized - Additional financing (Number) Component 3: Farm-level Investments Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year Number of beneficiaries who 0.00 Mar/2016 2,044.00 22-Nov-2023 2,044.00 30-Oct-2024 2,000.00 Dec/2021 received sub-financing from the Comments on achieving targets Parent Project Results (Dec. 2021 ) were 2,044 in total, 1,009 who were female (see parent Revolving Fund - Parent project (Number) project impact assessment). Number of beneficiaries who 0.00 Mar/2016 1,009.00 22-Nov-2023 1,009.00 30-Oct-2024 900.00 Dec/2021 received sub-financing from the Revolving Fund who are women - Parent project (Number) Revise Number of beneficiaries who 0.00 Dec/2021 2,124.00 22-Nov-2023 3,921 30-Oct-2024 7,100 Jan/2026 received sub-financing from the Comments on achieving targets target will be increased to 7,100 Revolving Fund - Additional financing (Number) Revise Number of beneficiaries 0.00 1,110.00 1,764 3,227 who received sub-financing Comments on achieving targets target will be increased to 3,227 from the Revolving Fund who are women (Number) 0.00 Mar/2016 100.00 22-Nov-2023 100.00 30-Oct-2024 95.00 Dec/2021 Repayment of sub-financing - Parent project (Percentage) Comments on achieving targets Parent Project Results (Dec. 2021 ) were 100% (see parent project impact assessment). Page 11 The World Bank Integrated Dairy Productivity Improvement Project (P155412) Repayment of sub-financing - 0.00 Dec/2021 0.00 22-Nov-2023 100 30-Oct-2024 95.00 Jan/2026 Additional financing (Percentage) Component 4: Project Management Indicator Name Baseline Actual (Previous) Actual (Current) Closing Period Result Month/Year Result Date Result Date Result Month/Year Percentage of male beneficiaries 0.00 Mar/2016 96.20 22-Nov-2023 96.20 30-Oct-2024 80.00 Dec/2021 satisfied with project activities - Comments on achieving targets Parent Project Results (Dec. 2021 ) were 96.2% (see parent project impact assessment). Parent Project (Percentage) Percentage of female beneficiaries 0.00 Mar/2016 98.90 22-Nov-2023 98.90 30-Oct-2024 80.00 Dec/2021 satisfied with project activities - Comments on achieving targets Parent Project Results (Dec. 2021 ) were 98.9% (see parent project impact assessment). Parent project (Percentage) Percentage of male beneficiaries 0.00 Dec/2021 0.00 22-Nov-2023 97 30-Oct-2024 80.00 Jan/2026 satisfied with project activities - Comments on achieving targets Project satisfaction will be measured in upcoming surveys at midterm and project end. Additional financing (Percentage) Percentage of female beneficiaries 0.00 Dec/2021 0.00 22-Nov-2023 82 30-Oct-2024 80.00 Jan/2026 satisfied with project activities - Additional financing (Percentage) 0.00 Dec/2021 0.00 22-Nov-2023 82 30-Oct-2024 75.00 Jan/2026 Comments on achieving targets New citizen engagement indicator added as part of the additional financing. Public Percentage of beneficiary households satisfied with participatory planning consultations about the project took place at the parliamentary level to inform the and consultation processes ratification process at project approval stage. Following the effectiveness, project launchin (Percentage) and consultations took place in Naryn, and Talas to sensitize local stakeholders on the project. Next survey will be conducted at midterm and before end of project. Direct Project Beneficiaries - Parent 0.00 Mar/2016 10,921.00 22-Nov-2023 10,921.00 30-Oct-2024 6,000.00 Dec/2021 Project (Number) Direct Project beneficiaries - 0.00 51.00 51.00 45.00 Women (Percentage) Direct Project Beneficiaries - 0.00 15.00 15.00 10.00 Youth (Percentage) Direct Project Beneficiaries - 0.00 Dec/2021 20,458.00 22-Nov-2023 25,231 30-Oct-2024 21,000.00 Jan/2026 Additional financing (Number) Page 12 The World Bank Integrated Dairy Productivity Improvement Project (P155412) Direct Project Beneficiaries - 0.00 58.90 56.10 45.00 Women (Percentage) Direct Project Beneficiaries - 0.00 17.50 10 10.00 Youth (Percentage) Page 13