Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) SME Revitalization and Employment Pilot Project (P143715) MIDDLE EAST AND NORTH AFRICA | Yemen, Republic of | Trade & Competitiveness Global Practice | Recipient Executed Activities | Specific Investment Loan | FY 2013 | Seq No: 4 | ARCHIVED on 22-Oct-2015 | ISR19541 | Implementing Agencies: Key Dates Key Project Dates Board Approval date:06-Jun-2013 Effectiveness Date:19-Jun-2013 Planned Mid Term Review Date:31-Jul-2014 Actual Mid-Term Review Date:13-Nov-2014 Original Closing Date:31-Dec-2015 Revised Closing Date:31-Dec-2015 Project Development Objectives Project Development Objective (from Project Appraisal Document) To improve the individual employability of graduates and the business capabilities of firms participating in a pilot scheme and to inform related policies and programs. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Component 1A: Internship Pilot Component 1B: Business development matching grants pilot Component 1C: Project management Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Satisfactory  Moderately Unsatisfactory Implementation Status and Key Decisions 10/22/2015 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) The implementation has been severely impacted and reached a total suspension of project activities, this was due to the Bank suspension of the Yemen portfolio on March 11 and the escalating armed conflict in the country. The current rating has been lowered to Moderately Unsatisfactory. The Business Development Matching grants component for phase two was not initiated and the project management informed the firms selected that the component was suspended until further notice, this is caused by the fact that EREP would not have the funding from the Bank (due to the overall Bank suspension of the portfolio) to be able to honor any claims for phase two. The project management also informed firms which hosts interns that the EREP will no longer be able to cover the 50% stipend for the interns beyond March 11, 2015, and that firms will have to make their own decision regarding keeping interns or letting them go. Results Project Development Objective Indicators PHINDPDOTBL  Direct project beneficiaries (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4241.00 7788.00 1900.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 31-Dec-2015 10/22/2015 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) PHINDPDOTBL  Female beneficiaries (Percentage, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 2.50 23.00 23.00 3.00 PHINDPDOTBL  Participating youth employed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 40.00 64.00 50.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 PHINDPDOTBL  Percent female from participating youth employed (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 11.00 28.00 5.00 PHINDPDOTBL  Participating firms with improved capabilities after completion of services (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 63.00 65.00 Date 20-Jun-2013 30-Jan-2014 12-Mar-2015 -- PHINDPDOTBL  Policies and programs utilizing the outcomes of the pilot project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 3.00 10/22/2015 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 Overall Comments Intermediate Results Indicators PHINDIRITBL  Number of firms requesting business services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1257.00 1433.00 600.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 PHINDIRITBL  Number of firms participating in BDS program (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 204.00 404.00 400.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 PHINDIRITBL  Number of firms procuring business services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 165.00 165.00 300.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 10/22/2015 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) PHINDIRITBL  Percentage women owned or managed firms from firms procuring business services (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 14.00 14.00 -- PHINDIRITBL  Number of youth applying to internships (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4654.00 4796.00 1000.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 PHINDIRITBL  Percentage female from number of youth applying for internships (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 29.00 6.00 -- PHINDIRITBL  Number of youth selected for interviews but not placed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 20-Jun-2013 30-Dec-2014 30-Dec-2014 30-Dec-2015 10/22/2015 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) PHINDIRITBL  Percentage female from number of youth selected for interviews but not placed (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 -- PHINDIRITBL  Number of youth placed in internships (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 198.00 198.00 400.00 Date 20-Jun-2013 30-Dec-2014 12-Mar-2015 30-Dec-2015 PHINDIRITBL  Percentage female from number of youth placed in internships (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 37.00 25.00 -- PHINDIRITBL  Number of youth completing internships (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 97.00 125.00 360.00 Date 20-Jun-2013 18-Dec-2014 12-Mar-2015 30-Dec-2015 10/22/2015 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) PHINDIRITBL  Percentage female from number of youth completing internships (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 29.00 30.00 -- PHINDIRITBL  Percent participating youth with improved employability upon completion of the internship (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 67.00 75.00 Date 20-Jun-2013 19-Dec-2013 19-Dec-2013 -- PHINDIRITBL  Percent female from participating youth with improved employability upon completion of internship (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 35.00 -- Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P143715 TF-14977 Effective USD 3.72 3.72 0.00 1.93 1.79 52% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P143715 TF-14977 Effective 19-Jun-2013 19-Jun-2013 19-Jun-2013 31-Dec-2015 31-Dec-2015 10/22/2015 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SME Revitalization and Employment Pilot Project (P143715) Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 10/22/2015 Page 8 of 8 Public Disclosure Copy