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LOANS & CREDITS

Indonesia: Rural Community Empowerment Project

April 14, 2009



IBRD Loan: US$300 million
TERMS:  Maturity = 24.5 years; Grace period = 9 years
PROJECT DESCRIPTION: The project will contribute to the realization of the National Program for Community Empowerment’s (PNPM's) overall development goals, namely to reduce poverty and improve local-level governance in rural areas of Indonesia through the provision of investment resources to support productive proposals developed by communities, using a participatory planning process.  The project consists of (i) block grants; (ii) facilitation support; (iii) goods, consultants' services, training and workshops; and (iv) incremental operating costs.


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

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