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Rural Finance Support Programme
The goal of the programme is to stimulate economic growth and contribute to poverty reduction by improving the livelihoods of rural households and boosting the viability of enterprises in rural areas of Mozambique. Specifically, the programme improves sustainable access to appropriate financial services for individuals, groups and enterprises in rural areas, while at the same time creating a conducive institutional and policy environment to support the long-term sustainability and diffusion of rural financial services. Funds and technical assistance are made available to help financial institutions penetrate rural areas and extend financial services to these remote parts. At the same time the programme helps organize smallholders, artisanal fishers and other poor people in remote rural communities into self-managed financial associations to facilitate improved management of their own economic resources.
Source: IFAD
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| Contact information |
| Mr João Zamith Carrilho
Programme Coordinator
Rural Finance Support
Programme
Fundo de Apoio
à Reabilitação Económica (FARE)
P.O. Box 272
Maputo
Tel: +258 21 311173
Fax: +258 21 311167
jcarrilho@tropical-web.com
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| Facts and figures |
Total cost: US$34.3 million
IFAD loan: US$9.5 million
Cofinancing:
- African
Development Bank (US$16.4 million);
- African
Development Fund (US$5.4 million)
Duration: 2005-2014
Geographical
area: nationwide
Directly benefiting:
124,000 households
Status: ongoing |
| Partners |
- Ministry
of Finance
- African Development Bank
- United Nations Office for Project Services
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