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LOANS & CREDITS

Indonesia: Third Kecamatan Development Project –KDP- (Phase 2)

April 26, 2007



IDA CREDIT: US$ 123 million
TERMS: Maturity = 35 years; Grace Period = 10 years
PROJECT DESCRIPTION: The objective of the project is to reduce poverty and improve local-level governance in rural Indonesia. It is part of a nationwide village level community-driven development program that began with the first KDP in 1998. The development objectives for KDP3b include: (i) institutionalizing participatory processes in local government; (ii) providing cost-effective, basic social and economic infrastructure; (iii) strengthening the capacity of the micro-finance institutions to manage and monitor funds sustainably; and (iv) providing emergency reconstruction assistance.


Media Contacts
Mohamad Al Arief
Tel : (202) 458-5964
malarief@worldbank.org

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