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| Microcredit Project
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The Micro-credit Project for Albania aims to address private sector development and poverty alleviation by increasing the availability of financial services to rural farmers and entrepreneurs and urban micro-entrepreneurs and the self-employed. The project has four components. The first component helps establish and extend a private, sustainable savings and credit association (SCA) network in rural areas-using as a basis the current system of village credit funds-and the progressive development of an SCA Union. The second component expands urban micro-credit and the development of a private, sustainable micro-credit institution, established from the existing Urban Credit Department of the Albanian Development Fund (ADF). The third component provides technical assistance and training to develop an appropriate legal, regulatory, and supervision framework for rural SCAs and their Union, and micro-credit nongovernmental organizations. The fourth component finances project management.**
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Last Updated February 08 2010
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Available Project Documents***
For a short project overview, please consult the Project Information Document if available.
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| Contract Award Information |
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| Click here to see contract award information about this project. |
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*Commitment at Board in USD$ millions. Does not reflect any cancellations. Pipeline and dropped projects display the forecast amount. Total project cost includes non-Bank funding.
** The project summary is drawn from the PAD, SAR, or PGD abstract and may not accurately reflect the project's current nature.
*** Project documents are posted to this website as soon as they reach certain milestones (more info.). For example, Project Appraisal Documents are processed and made available through this website a few days after Board approval. If you find that a report which should be here is unavailable, contact Infoshop .
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