updated: 12.05.08
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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

In this section
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

Partners

African Development Bank (AfDB)

German Technical Cooperation (GTZ)

World Bank