updated: 12.05.08
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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

In this section
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
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