IFAD in Romania

 

IFAD has financed a single project in Romania, the Apuseni Development Project, which was effective from 1999 to 2006. IFAD provided US$16.4 million in loans to finance the project, which had a total cost of US$34.1 million.

 

IFAD’s strategy

IFAD’s strategy in Romania focused on supporting rural credit services so that farmers could invest in inputs and equipment, and develop on-farm and off-farm opportunities for generating income. The objective was to improve rural people’s incomes and standards of living, reducing rural poverty.

Source: IFAD

email this article

View closed operation map Statistics Projects: 1 Total cost: US$34.1 million Total loan amount: US$16.5 million Directly benefiting: 6,500 households Contact information Mr Henning Pedersen Country programme manager IFAD Via Paolo Di Dono, 44 00142 Rome, Italy Tel: +39 0654592635 Fax: +39 0654593635 h.pedersen@ifad.org