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LOANS & CREDITS

Philippines: Autonomous Region in Muslim Midanao Social Fund Project

May 26, 2010



IBRD Loan: US$30 million

Terms: Maturity = 25 years; Grace = 10 years

Project ID: P118910

 

Project Description: The development objective of the project is to assist the Borrower in reducing poverty and promoting peace and development by fostering sustainable development in the Autonomous Region in Muslim Mindanao. More specific objectives are to; i) provide and/or improve sustained access to social and economic infrastructure and services by the poor and conflict-affected poor communities; ii) provide capacity building for women, youth and other community groups for improving food security, employment opportunities and household incomes, iii) strengthen social cohesion and partnerships between and within communities, and to iv) improve local governance and institutional capacities for implementation.


Media Contacts
In Washington, DC
Elisabeth Mealey
Tel : (202) 458-4475
EMealey@worldbank.org

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