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Rural Financial Services Project
Efforts to improve rural competitiveness and productivity are at
the forefront of the government's poverty reduction strategy. Through
access to credit, savings and other financial services, small-scale
farmers can increase their yields and their incomes. Microenterprises
and other off-farm activities also generate income, especially for
women. The goal of this project is to help the Government of Ghana
broaden rural financial services and build the capacity of the financial
sector to enable the rural poor to improve their incomes.
Objectives include:
- improving access of rural people, particularly
women, to financial services
- building local and regional capacities in finance
by strengthening rural banks, building an apex bank and reinforcing
other microfinance institutions
- encouraging reforms in policies and regulations
to enhance the rural financial system
Source: IFAD
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| Contact information |
Mr Daniel Asare-Mintah
Coordinator
Rural Financial Services Project (RFSP)
Rural Finance Inspection Department
Bank of Ghana
P.O. Box 2674
Accra, Ghana
Tel: +233 21665899/ 665252/ 665338/ 666902-8/ 666174-6
Mobile: +233 24643336
Fax: +233 216655230
dasaremintah@bog.gov.gh |
| Facts and figures |
Total cost: US$23.0 million
IFAD loan: US$11.0 million
Cofinancing:
- World Bank (US$5.1 million)
- African
Development Bank (US$5.0 million)
Duration: 2002-2008
Geographical area: nationwide
Directly benefiting: 330,000 households
Status: ongoing
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