PVO co-financing : The Asia Foundation/Bangladesh : Micro Industries Development Assistance Societies (MIDAS)

PES covers the period 9/80-1/82 and is based on a review of project documents (including attached evaluations XD-CAA-303-A,B,C). Significant progress has been made since a 9/81 evaluation, and with the exception of MIDAS registration and incorporation - neither of which has been concluded - progress as measured against targets has been satisfactory. The MIDAS Director and Board are competent, dedicated, and working efficiently and cooperatively to achieve the project"s long-range goals; given the increasing interest and requests for assistance among targeted MIDAS client agencies, it is expected that the project will achieve its objectives. Action decisions are to: increase the pace in developing linkages between MIDAS and potential consultant groups and individuals; set up a complete financial control and accounting system; finalize and institute personnel service rules; plan an activity and evaluation monitoring system; complete a MIDAS self-examination and image report; form an expert committee; and contract for and use short-term consultants.