Formative evaluation of the sixth cycle of the Basic Needs Trust Fund (BNTF), the principal Programme within the Caribbean Development Bank (CDB) for direct poverty reduction. The Programme is designed to assist poor and vulnerable communities in ten Borrowing Member Countries. The sixth cycle of the BNTF (BNTF 6) was approved by the Board of Directors in July 2008 in the amount of US$ 32 million and was planned to last 5 years (July 2008-December 2012). The design and operational approaches of BNTF 6 were collectively intended to increase development effectiveness and focus the Programme on its community development mission. The MTE informed the CDB, government authorities, Special Development Fund (SDF) contributors, and other stakeholders on the achievements towards meeting the Programme’s established targets and provided insights into further strengthening of implementation for the remaining period of BNTF 6 and strategic directions for the design and timing of BNTF 7. Data collection was conducted through field missions, telephone interviews, document review, and in-depth analysis of a stratified sample of 27 sub-projects (SPs) out of a population of 111 SPs approved.