LOANS & CREDITS

Indonesia: National Program for Community Empowerment Rural Areas Project

May 20, 2008



IBRD Loan Amount: US$ 41.19 million
IDA Credit Amount: US$ 190.0 million
Total Bank financing: US$ 231.19
Terms: Fixed Spread Loan (FSL). IBRD terms of 22.5 years maturity including 12 years grace period. The credit would have standard IDA terms of 20 years maturity including 10 years grace period.

Program Description: The project’s development objective is to reduce poverty and improve local-level governance in rural areas of Indonesia through the provision o f investment resources to support productive proposals developed by communities, using a participatory planning process.


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

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